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Oil Set for Weekly Gain of over 7% on Supply Disruptions; U.S. Diesel Hits Record High
Attacks on key shipping routes and refinery outages lifted fuel costs, with U.S. diesel topping $6 a gallon and Brent still up more than 9% this week.
Summary by CNBC
7 Articles
7 Articles
Oil set for weekly gain of over 7% on supply disruptions; U.S. diesel hits record high
Oil prices slipped on Friday but were still up more than 7% for the week and U.S. diesel prices hit a record high as attacks along key Middle East shipping routes stoked prolonged supply disruption fears.
·Englewood Cliffs, United States
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Economy: Direct - Oil prices declined today Friday, but remained on track to record a weekly gain of about 9%, after exceeding $100 per barrel for the first time in months...
Oil prices were falling this Friday, but they accumulated a rise of more than 9% a week, and diesel prices in the United States reached a historic peak, as attacks on major maritime routes in the Middle East fueled fears of a prolonged disruption of supply.
·Mexico City, Mexico
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Total News Sources7
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
Factuality
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