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Tuesday 21 May 2019

Oil flat as U.S.-Iran tensions support prices, trade war weighs

New York — Oil futures held steady on Tuesday, supported by U.S.-Iran tensions and expectations of ongoing OPEC supply cuts but under pressure from concerns about a drawn-out trade war between Washington and Beijing. Brent crude futures, the international benchmark for oil prices, rose 1 cent to $71.98 a barrel by 11:01 a.m. EDT (1501 […] More »

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World Energy Consumption