{"id":85884,"date":"2022-12-30T00:00:00","date_gmt":"2022-12-30T00:00:00","guid":{"rendered":"http:\/\/lebanonnewsgazette.com\/?guid=51486b56df592c46daa7360daf33b1f3"},"modified":"2022-12-30T00:00:00","modified_gmt":"2022-12-30T00:00:00","slug":"oil-set-to-end-turbulent-2022-modestly-higher","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/oil-set-to-end-turbulent-2022-modestly-higher\/","title":{"rendered":"OIL SET TO END TURBULENT 2022 MODESTLY HIGHER"},"content":{"rendered":"
Oil prices edged up on Friday and were on track to post their second straight annual gains, albeit modest, in a stormy year marked by tight supplies due to the Ukraine war, a strong dollar and weakening demand from the world’s top crude importer China.<\/P>
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Brent crude futures rose 20 cents, or 0.2%, to $83.66 a barrel by 0445 GMT, after settling 1.2% down in the previous session.<\/P>
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Brent looked set to end the year with a 7.6% gain, after jumping 50.2% in 2021. Prices surged in March to a peak of $139.13 a barrel, a level not seen since 2008, after Russia invaded Ukraine, sparking supply and energy security concerns.<\/P>
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Source: National News Agency – Lebanon<\/P>
<\/P><\/p>\n","protected":false},"excerpt":{"rendered":"
Oil prices edged up on Friday and were on track to post their second straight annual gains, albeit modest, in a stormy year marked by tight supplies due to the Ukraine war, a strong dollar and weakening demand from the world’s top crude importer China….<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1782,3],"tags":[],"yoast_head":"\n