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Benzinga
Benzinga
Business
Dmitriy Gurkovskiy

Oil Is Rallying: Brent Has Already Reached $103 And May Go Higher

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex

On Monday 28 February, the Brent price is rising. Of course, it’s not breaking news because the key trigger for the commodity market remains market expectations of the global oil supply shortage. As the geopolitical tensions escalate, this catalyst becomes more stable.

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