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Oil Price

Oil hits $80, highest since Nov 2014

Oil prices hit $80 a barrel on Thursday for the first time since November 2014 on concerns that Iranian exports could fall due to renewed U.S. sanctions and reduce supply in an already tightening market.Brent crude futures LCOc1 reached…

Oil Prices Increase Again

Brent sweet crude climbed to fresh highs on Monday, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply.United States oil prices rose above 70 dollars a barrel for the first time since…