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Tag "oil prices"

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The changing trend in oil prices

The changing trend in oil prices

There have been many bullish factors in recent months. Following the OPEC/non-OPEC agreement, the positive trend has been driven by the weakness of the American dollar, the fall in U.S. stocks and the suspension of several supply sources due to the closing down of a number of oil wells

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Rising oil prices

Rising oil prices

US tight oil output growth, falling global stocks and a higher demand for oil forecast for 2017 are among the factors behind the upward trend in prices

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Upward trend in oil prices

Upward trend in oil prices

In September, oil prices significantly increased at around $4/b. In particular, Brent North Sea quality opened at $52.75/b and closed at $56.68/b, while West Texas Intermediate opened at $47.34/b and closed at $51.54/b. At

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