Oil prices jump more than $1 on slow US output restart - Business News, Finance News, Share Market News - Market trendz

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Tuesday, 23 February 2021

Oil prices jump more than $1 on slow US output restart

Shale oil producers in the southern United States could take at least two weeks to restart the more than 2 million barrels per day (bpd) of crude output that shut down because of cold weather, as frozen pipes and power supply interruptions slow their recovery, sources said.

from Commodities-Markets-Economic Times
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