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A report indicates that the price of a barrel of oil has increased by 24% over the past period, reaching its highest level in four years at $52 per barrel. Expectations are that prices will continue to rise until 2026. The increase is attributed to factors such as global market fluctuations and rising demand for energy. It is anticipated that prices will keep climbing until late 2026, with forecasts suggesting an average rate of $66 per barrel by that time.
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