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48 new news items in the last 24 hours
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  2. Economy

Oil prices rose by more than 1% on strong demand, offsetting higher OPEC+ production and uncertainty over US tariffs.

Raluca Ioana Draghici
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8 July 2025, 06:55
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Oil prices were up more than 1% on Monday, with Brent crude reaching $69.16 a barrel and WTI at $67.39, supported by strong market demand. OPEC+ announced a 548,000 barrels/day production increase for August, but actual growth remains modest. Trade and geopolitical tensions, including new tariffs announced by the US and attacks in Yemen, continue to affect the oil market.

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Preţurile petrolului au crescut luni cu peste 1%, pe fondul unei cereri puternice, în pofida unei producții mai mari a OPEC+
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Financial Intelligence
Preţurile petrolului au crescut luni cu peste 1%, pe fondul unei cereri puternice, în pofida creşterii producţiei OPEC+ şi a incertitudinilor comerciale
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News.ro
Preţurile petrolului au crescut luni cu peste 1%, pe fondul unei cereri puternice, în pofida creşterii producţiei OPEC+ şi a incertitudinilor comerciale

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NEWS ON THE SAME TOPICS

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Economy
The prices of oil have dropped on Monday, after OPEC+ decided to increase production by 188,000 bpd starting in August. Exports from the Gulf are recovering.
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Economy
The price of oil rose on Tuesday, fueled by the intensification of conflicts in the Middle East and fears regarding global supply.
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Economy
The price of oil rises by approximately 2% after the US airstrikes on Iran.
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Economy
Oil prices rose on Monday morning after Donald Trump rejected Iran's response to American proposals.
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Economy
Brent crude oil surpasses 80 dollars per barrel after escalating tensions between the USA and Iran
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International
OPEC has lowered its estimates for global oil demand growth in 2026, due to the impact of the war in the Middle East and the closure of the Strait of Hormuz.
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