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US sanctions drive oil prices higher
Sept. 27, 2018
Source: Reuters

US sanctions drive oil prices higher

Oil prices soared today as investors were driven by the tightening market outlook due to looming US sanctions against Iran in November. Brent crude futures were priced 1% higher, at $82.17/barrel. US WTI crude futures were traded 1.2% higher, at $72.41 a barrel. With buyers around the globe bowing to US pressure and halting imports from Iran, exports from the country fell to approximately 2 million bpd in September.

   Read More About : Brent Price Iran Oil Prices WTI US Sanctions
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