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"Price limit order" leads to increased uncertainty in the energy market International oil prices rose slightly

 Last Update: 2023-01-01
 Source: Internet
 Author: User

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With the entry into force of the EU, G7 and Australia's decision to limit the export price of Russian seaborne oil, international oil prices rebounded slightly on the 5th local time, and the main contract prices of North Sea Brent crude oil and West Texas Intermediate crude oil both rose by more than 2%.

North Sea Brent crude rose 2.
6 percent to $87.
81 a barrel, while West Texas Intermediate rose 2.
8 percent to $82.
25 a barrel
.

Some insiders said that affected by the "price limit order", the uncertainty of the international energy market is emerging, and the possibility of soaring international oil prices has also greatly increased
.
Some market analysts pointed out that the EU's "price limit order" is putting its own energy security at risk
.

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