“As the uneasy stalemate continues between Russia and European nations about energy supplies, the price of oil has crept up again today to above $105 a barrel, as worries remain about the much tighter supply of crude on world markets. The unprecedented release of US oil reserves in a drip drip daily strategy over the coming months, had lowered prices, and the two-month truce in Yemen has also helped assuage some concerns about supplies, but there is a recognition that these moves won’t go nearly far enough to offset the reduction in output from Russia, as sanctions take hold and buyers around …

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