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Oil prices surge around four and half percent

Wed 02 Mar 2022, 10:47:34

Oil prices on Tuesday surged around four and half percent as concerns over potential supply disruptions after Russia's military operation in Ukraine and related sanctions outweighing talks of a coordinated global crude stocks

release.

In intra-day trade, Brent crude was trading around 102 dollars and 50 cents per barrel while WTI crude prices were at 99 dollars and 40 cents per barrel.

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