Brent crude futures dropped 38 cents, or 0.5%, at $80.30 per barrel.
oil price
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Oil prices “flirting with $100” could be dangerous for world economies, IEA chief says
Analysts say oil prices could return to above $100 per barrel again, sooner than expected
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Is an oil war on the horizon?
While US has accused Saudi Arabia of siding with Russia after OPEC+ cuts, Saudi Arabia has firmly denied the accusations, noting that the oil cut is ‘purely economic’