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The U.S. oil benchmark, WTI Crude, jumped early on Thursday to above a barrel, soaring by more than 5 percent, after OPEC+ sources began telling reporters that the coalition may be close to agreeing not to increase their collective oil production in April. WTI Crude prices were surging by 5.06% at .21 as of 11:18 a.m. ET on Thursday. Brent Crude prices jumped above per barrel, to .17, up by 5.10%, after OPEC+ sources started to leak insights from the ongoing OPEC+ ministerial meeting.…OilpriceOil Soars As OPEC+ Sources Suggest No Production IncreaseTsvetana ParaskovaSee also at OilpriceResource Nationalism Becomes Major Threat For Oil Companies, Miners
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The U.S. oil benchmark, WTI Crude, jumped early on Thursday to above a barrel, soaring by more than 5 percent, after OPEC+ sources began telling reporters that the coalition may be close to agreeing not to increase their collective oil production in April. WTI Crude prices were surging by 5.06% at .21 as of 11:18 a.m. ET on Thursday. Brent Crude prices jumped above per barrel, to .17, up by 5.10%, after OPEC+ sources started to leak insights from the ongoing OPEC+ ministerial meeting.…OilpriceOil Soars As OPEC+ Sources Suggest No Production IncreaseTsvetana ParaskovaSee also at OilpriceResource Nationalism Becomes Major Threat For Oil Companies, Miners
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Mike Norman considers the following as important:
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The U.S. oil benchmark, WTI Crude, jumped early on Thursday to above $64 a barrel, soaring by more than 5 percent, after OPEC+ sources began telling reporters that the coalition may be close to agreeing not to increase their collective oil production in April. WTI Crude prices were surging by 5.06% at $64.21 as of 11:18 a.m. ET on Thursday. Brent Crude prices jumped above $67 per barrel, to $67.17, up by 5.10%, after OPEC+ sources started to leak insights from the ongoing OPEC+ ministerial meeting.…Oilprice
Oil Soars As OPEC+ Sources Suggest No Production Increase
Tsvetana Paraskova
Resource Nationalism Becomes Major Threat For Oil Companies, Miners