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Oil: Outbreak at $140 in the North Sea, Brent at $110
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The oil market is experiencing an unprecedented effervescence, characterized by a dizzying price boom. In the North Sea, this vital artery of European oil extraction, the physical black gold has sprayed the bar of $140 per barrel, setting an unprecedented record since the financial debacle of 2008. Simultaneously, the barrel of Brent, the global standard of futures contracts, rises to $110.30, recording an increase of 1.16% during the last sessi…
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