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Brent climbs back above $83
Earlier this morning an update here noted how the price of July Brent has fallen back close to the $82 per barrel marker. Well, since then the price has rebounded and managed to force its way back above $83. The move higher comes amid a lack of fresh news and could just be correcting the, quite heavy falls seen on Friday, when Brent stalled around $84.5 and fell back into the weekend. The high seen so far has been set at $83.17. Brent is currently trading at $83.01
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