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Crude oil market sees downward correction of prices


Oil prices rose by 2.63%-3%

As of 27 March 2022, 07:57 (UTC+3), Brent Crude futures for May settlement were trading 2.63% higher at $114.28 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for May delivery on the New York Mercantile Exchange fell by 3% to $110.48 a barrel.

Crude oil market sees downward correction of prices after a growth seen last Friday.

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