Tag: Asia

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IMF Predicts Oil Price will Remain Between $40 – $50 per barrel in 2021

According to the International Monetary Fund's Regional Economic Outlook: Middle East and Central Asia latest report, oil prices will stay between $40 - $50 per barrel, putting additional pressure on...
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Recent Purchase in Asia Indicates Demand for Oil is Gradually on the Rise

According to reports, crude oil buyers in Asia are purchasing distressed cargoes of oil from Africa to the Middle East. This is a sign that the oil market is gradually...
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