Oil Trades Near $80 as Global Power Crisis Set to Boost Demand

  • Date: 11-Oct-2021
  • Source: Yahoo News
  • Sector:Oil & Gas
  • Country:Gulf
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Oil Trades Near $80 as Global Power Crisis Set to Boost Demand

(Bloomberg) -- Oil steadied near the psychological $80-a-barrel mark as a global power crunch rattled the market while OPEC+ output has been slow to ramp up.

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