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Crude oil market sees upward price correction


Oil prices rose by 1.83%-1.87%

As of 17 March 2022, 08:43 (UTC+3), Brent Crude futures for May settlement were trading 1.87% higher at $99.84a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for April delivery on the New York Mercantile Exchange rose by 1.83% to $96.78 a barrel.

Crude oil prices are increasing after a previous day fall.

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