Oil price opens slightly higher, +0.5%

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Oil price opens slightly higher, +0.5%

Oil price opens slightly higher, +0.5%

Markets open slightly higher for the price of oil which thus continues the recovery started yesterday, Monday. Texas WTI crude oil rises 0.5% to 62.8 dollars while Brent advances 0.36% to 64.8 dollars. After having touched the lowest levels in the last four years, the prices crude oil prices are now being pushed down by geopolitical tensions and from the lower-than-expected increase in OPEC+ production.

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