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‎Oil settles over 2% higher, posts weekly rise

‎Oil settles over 2% higher, posts weekly rise

Oil drilling rigs

Oil prices settled higher on Friday after reports that crude exports from Russia’s Novorossiysk port were halted following a Ukrainian attack, raising concerns over global supply disruption.

Brent crude for January delivery climbed 2.19%, or $1.38, to $64.39 a barrel, posting a 1.20% weekly gain…

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