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The article reports that oil prices have experienced a significant rise, with the price of a barrel reaching $86.47, the highest level in 16 years. This increase reflects growing global demand and declining production, with expectations that prices will continue to rise until 2026, reaching an average of $94 per barrel. The price of Brent crude has increased by 6.4% this year, with steady gains since the beginning of the year, impacting fuel and petroleum product prices worldwide.
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