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Brent lifts above $94 setting fresh session highs following Venezuela report

According to reports released just now, apparently tankers loading oil in Venezuela are having to wait up to 30 days to load and that news has not been lost on the oil markets, flimsy as it might be. So, Brent crude for October delivery just now rose above $94 per barrel for the first time today, rising above the earlier high set at exactly that level. It just peaked around $94.34. We shall now see if this news does have any lasting traction. October Brent is right now at $94.30

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