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Oil rises above 108 dollars
The article discusses the significant rise in oil prices, with Brent crude futures increasing by $3.62, or 3.46%, to reach $108.23 per barrel. Similarly, U.S. West Texas Intermediate (WTI) futures rose by 3.15%, reaching $103.20 per barrel. This increase comes amid expectations from "International Energy" of a growing shortage in global oil supplies during 2026, amidst international trends of energy market fluctuations and stock market volatility, driven by rising demand and escalating geopolitical risks that contribute to such increases.
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