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Oil prices increased on Wednesday
Jan. 6, 2021
Source: Reuters

Oil prices increased on Wednesday

Oil prices rose on Wednesday to their highest since February 2020 after Saudi Arabia agreed to reduce output more than expected in a meeting with allied producers, while industry figures showed U.S. crude stockpiles were down last week. Brent crude rose as much as nearly 1% to $54.09 a barrel. U.S. West Texas Intermediate (WTI) futures reached $50.24 a barrel.

   Read More About : Brent Price Oil Prices Saudi Arabia WTI
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