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Brent crude hits session highs back above $112
The oil markets have been on the rebound this afternoon and that comes despite a series of headlines suggesting they could be lower. However, as we have said many times over, the oil market is no longer interested in conjecture, fake reports and half truths, it wants facts and evidence, if it is going to suffer a serious price reduction and all the while those remain absent the market continues to buy the dip. That has been the case again this afternoon, as Brent for January delivery lifts to session highs right now, currently trading at $112.50
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