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Oil prices rise for a second consecutive week

First seen: Aug 21, 2026, 10:46 PM UTCUpdated: Aug 22, 2026, 12:31 AM UTC

Oil prices closed higher for the second week in a row. The supplied headlines do not identify the cause or the size of the increase.

Sustained oil-price increases can raise energy costs and contribute to broader inflationary pressure.

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Reports behind this event

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