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2022 February 17   09:20

Crude oil prices go down on possible growth of supply

Oil prices rose by 0.94%-0.97%

As of 17 February 2022, 07:56 (UTC+3), Brent Crude futures for April settlement were trading 0.94% lower at $93.92 a barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for March delivery on the New York Mercantile Exchange fell by 0.97% to $92.75 a barrel.

Crude oil prices are decreasing the supply growth prospects.

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