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Home Markets Futures

Oil climbs to highest level in more than 2 weeks as Iraqi dispute limits supply

by Press Room
March 29, 2023
in Futures
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Crude oil futures climbed to their highest levels in more than two-weeks on Wednesday as a decline in U.S. inventories and a disruption to Iraqi supply helped boost prices.

Price action
Market drivers

Oil-market analysts pointed to several factors helping to fuel the recent rebound in oil prices after falling to the lowest price in more than a year earlier in March.

“Oil prices…

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