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Published 2 years ago

Oil hit 7-year highs as tight supply bites

Summary by Ground News
Yemen's Houthi fighters claimed to have launched a drone strike on the United Arab Emirates. West Texas Intermediate oil also briefly rose above $85 a barrel, the first time since October. Goldman Sachs Group Inc. raised its Brent forecasts through 2022 and 2023, predicting $100 oil in the third quarter.

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