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Oil rises 2% on supply disruptions in Russia, U.S.

By Inquirer - 10 months ago
HOUSTON  -Oil prices rose about 2 percent on Monday on concerns over global energy supplies following a Ukrainian drone strike on Russia’s Novatek fuel terminal and as extreme cold weather continued to hamper U.S. crude production. Brent March crude futures settled at $80.06 a barrel, up $1.50, or 1.9 percent. Front-month U.S. West Texas Intermediate

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