Editorial Comment

Oil price heads above $120bbl

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Oil price heads above $120bbl

The price of Brent Crude oil hit $120 a barrel (bbl) today but is now hovering around the $116bbl level. Oil has continued to rise with concerns over Russian supplies and continuing tightness in refined fuel markets. Jet 1 A price today is around $147.7bbl or $3.41 per gallon. The upwards trajectory...

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