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Brent crude oil prices hit a 13-year high of $130 per barrel as the US and its allies consider a ban on Russian oil and natural gas, intending to isolate Russia from the global economy amid the ongoing Russia-Ukraine war.
OPEC+ decided to stick to its plan of raising oil output by 400,000 barrels per day in April.
Enterprise Products Partners has completed its $3.25bn acquisition of Navitas Midstream Partners.