Oil held most its recent gains after reaching the highest close since late October on Monday, as Ukrainian drone attacks on Russian refineries and OPEC+ supply cuts remained in focus.
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Oil Holds Gain With Russian Refining and OPEC+ Curbs in FocusOil held a gain, with Ukrainian drone attacks on Russian refineries and OPEC+ supply cuts in focus.
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Oil Holds Gain With Russian Refining and OPEC+ Curbs in Focus(Bloomberg) -- Oil held a gain, with Ukrainian drone attacks on Russian refineries and OPEC+ supply cuts in focus.Most Read from BloombergApple Is in Talks...
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Oil price news: Oil extends gains on China data, attacks on Russian refineriesOil hit a fresh four-month high as Chinese economic data beat expectations, and Ukrainian drone attacks on Russian refineries heightened geopolitical risks.
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Oil price news: Oil extends gains on China data and Russian refining attacksOil climbed to a four-month high as key Chinese economic data beat estimates, while Ukrainian drone attacks on Russian refineries heightened geopolitical risks.
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Oil Markets Face Supply Deficit All Year on OPEC+ Cuts, IEA SaysGlobal oil markets face a supply deficit throughout 2024, instead of the surplus previously expected, as OPEC+ looks set to continue output cuts in the second half of the year, according to the International Energy Agency.
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