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Thursday, May 25, 2017

News from Norway led to the rise in oil prices


Waiting the strike of workers of oil and gas fields in Norway, which may reduce the extraction of raw materials largest producer of Western Europe, had an impact on the cost of oil.

The price of Brent oil rose by 1.24% to 48,36 USD per barrel, WTI — by 1.3% to 46,93 per barrel.

About 750 Norwegian workers in seven fields, plan to strike from Saturday. The cause of the protest is a dispute over payment for labor.

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