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Midday crude oil analysis: Escalating Russia-Ukraine conflict continues to drive international oil prices higher...
During the early trading session in Asia, as the conflict between Russia and Ukraine intensifies, the price of Brent crude oil futures has slightly increased.
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OPEC+ has very little room for maneuver: the oil price war cannot be won, and it is also impossible to further reduce production.
OPEC+ may continue to make significant production cuts for a longer period of time.