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New energy law to allow for monthly oil price adjustment only
WEDNESDAY, SEPTEMBER 11, 2024
Aim is to move away from global oil prices and instead be based on actual cost under the ‘Cost Plus’ system
Oil trades near three-month high on supply and trade optimism
THURSDAY, DECEMBER 26, 2019
Oil held gains in light trading, with prices set for the biggest monthly gain in almost a year on speculation that supplies are shrinking.