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2 sources grouped by AFBytes in World
AFBytes briefing
Higher oil prices raise energy bills for drivers and households while increasing costs for goods that rely on transportation and petrochemicals.
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Exxon and Chevron executives stated that global oil inventories have fallen to very low levels because of the ongoing Iran conflict. They indicated Brent crude could climb toward 150 to 160 dollars p…
Executives warned that the Iran conflict has pushed global oil inventories to historic lows. Brent crude prices could reach 150 dollars a barrel or higher if current trends continue.
