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Protests in MENA Region Raised Supply Concerns, Oil Prices Soared

Crude oil prices extended gains in Asian session after yesterday’s rally, driven by further amid disruptions in Libyan output and Egyptian turmoil. The front-month contract for WTI crude oil, currently trading at 101.9, has soared +2.40% while the Brent crude contract added +1.13%.

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Protests in MENA Region Raised Supply Concerns, Oil Prices Soared

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