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No further OPEC + action, Brent stands firm: October 11, 2021

The spot price for Brent is over $ 82 / b, close to 2018 highs (Fig. 1). The price of Brent continues to rise, averaging weekly at $ 82 / bbl, an increase of nearly 5% (WTI at $ 78.5 / bbl, + 4%). The firmness of oil prices is attributed this week to several factors including: the continuation of the OPEC + policy which did not wish to increase its production beyond what is planned

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