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Oil nears $100 as Democrats’ win unsettles energy stocks

By Estefano Gomez

The Democratic win may lead to policy shifts affecting oil supply, increasing market volatility and potentially driving oil prices to new highs. The post Oil nears $100 as Democrats’ win unsettles energy stocks appeared first on Crypto Briefing.

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Unrefined petroleum extracted from the ground; Brent and WTI are its main global price benchmarks.

Oil prices feed into fuel, transport and goods costs, and so into inflation.

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