Oil closes to 80 USD/barrel

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Oil prices rallied on Monday (December 19), as optimism surrounding China’s easing of Covid-19 restrictions outweighed concerns about a global recession, which could affect the economy. to the energy needs.

Ending Monday’s session, the Brent oil contract advanced 76 cents to $79.80 a barrel. The WTI oil contract added 90 cents to $75.19 a barrel.

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