Oil prices steady increase
Oil prices have jumped to an all year high with Brent Crude selling for $41.49 per barrel while Light Crude currently sells for $40.34 per barrel.
This will come as a huge relief to the various oil companies across the world who have had to suspend ongoing projects and adopt strict cost cutting measures to remain in business.
This new trend should also reduce the risk of staff layoff that has been hanging over the companies since the drop in global prices.
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