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Russia's Flagship Crude Is Trading on Cusp on G7 Price Cap.

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      Prices for oil that's similar to Urals have rallied around the world because those are the main type of supply that members of the OPEC+ alliance have been withholding from the market to prop up prices. (Bloomberg) -- Russia's flagship Urals crude oil rose to the cusp of a price cap that Group of Seven nations imposed in an effort to cut the Kremlin's funding for the war in Ukraine. [Extracted from the article]
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