Oil Prices On Track For A Fourth Consecutive Weekly Gain

Oil Prices On Track For A Fourth Consecutive Weekly Gain
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Oil prices are on course for their fourth consecutive weekly gain, with WTI trading above $82 and Brent trading above $86. OPEC+ oil production cuts are bad news for inflation. Russian exports rise to levels before 2020 invasion of Ukraine. Demand in China and India soars. China and Brazil conclude an oil deal in yuan, China’s currency, not in petrodollars.

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