Tuesday, 29 April 2025

Brent crude futures rise to highest level in 2023‎

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Brent crude futures rose to $92.85 per barrel, the highest level in 2023, according to “Reuters.”

The International Energy Agency said yesterday, Wednesday, that extending the oil production cut until the end of 2023 will mean that the market may witness a significant shortage during the fourth quarter, while it largely stuck to estimates of demand growth this year and next.

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