A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. REUTERS/Alexander Manzyuk/File photo LONDON  – With  oil  investors and traders focused on an  oil -price rally that has come close to $100 a barrel, some grades of crude  oil  are already trading above that milestone, highlighting an expectation of tight supply. The outright price of Nigerian crude Qua Iboe surpassed $100 a barrel on Monday, according to LSEG data. Malaysian crude Tapis reached $101.

https://business.inquirer.net/421838/will-oil-hit-100-a-barrel-it-already-did-in-some-markets

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