Oil Prices Jump 2% Amid Supply Concerns

Following unexpected events, oil prices jumped more than 2% on Wednesday. This increase was driven by attacks on Russian refineries and a surprising decline in U.S. oil stocks, coupled with a weaker dollar enhancing the appeal of oil. On NYMEX, April’s West Texas Intermediate rose 2.78% to $79.72/barrel, and May’s Brent crude climbed 2.57% to […]

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