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Oil prices rise to $107 as China shifts course

Oil prices have reached $107 amid a reported change in China's policy direction, affecting markets.

By DoomRadar · Published on DoomRadar .

Why it matters

Higher oil prices can increase inflation and energy costs across economies.

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EARLIER READING

Oil prices and pump prices continue to rise

Oil prices are reported higher again, with fuel prices also increasing. The reports describe continuing energy-cost pressure affecting markets and consumers.

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Albanian food prices rise sharply faster than EU prices

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