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Oil producers are unlikely to alter their output strategy as crude prices climbs
Brent crude increased to $89 per barrel on Tuesday from $77 at the end of 2023.
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oil trade
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Oil rises 1% to a five-month high due to forecasts of increased demand
By 12:12 PM EDT (1612 GMT), U.S. West Texas Intermediate (WTI) crude climbed $1.04, or 1.3%, to $84.21, while Brent…
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OPEC+ to back Brent at $80 per barrel; ONGC scored highly on dividend payments
The state-owned Oil India and Oil and Natural Gas Corporation (ONGC) are the most likely Indian oil explorers to see…