💨 Abstract

Oil prices rose on Wednesday due to tightening supplies from Russia and OPEC, falling U.S. crude stocks, and an increase in U.S. job openings. Oil output from OPEC fell in December, and Russian output was below its target. Analysts expect prices to average down in 2025 from 2024 due to increased production from non-OPEC countries.

Courtesy: theprint.in

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