LiteForex - Analytics

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    Brent: oil prices are growing on 12.10.2015

    Last week, the price of Brent crude oil strengthened to its previous local highs amid the weakness of the US currency. Moreover, the oil market reacts positively to the escalation of the Syrian conflict which raises the risks of supply disruptions in the long term. At the same time, the situation in Syria diverts attention from Iran's intentions to increase its oil production.

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