Oil prices rise on supply woes - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Tuesday, 18 October 2022

Oil prices rise on supply woes

The OPEC+ production cut, which comes ahead of a European Union embargo on Russian oil, will squeeze supply in an already tight market. The European Union's sanctions on Russian crude and oil products will take effect in December and February, respectively.

from Commodities-Markets-Economic Times
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