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Oil prices keep climbing globally
The oil price index increased by 0.97% to reach approximately $83.80 per barrel during Friday's trading sessions, after experiencing fluctuations due to a balance between demand growth and supply increases. International institutions expect the volatility to continue throughout 2026, with Brent crude often trading between $75 and $90 per barrel. Prices may rise if geopolitical tensions escalate or supply disruptions occur, while they could decline if economic growth slows or if production exceeds demand further.
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