Oil edges up on supply worries, G7 pledge to enforce Russian price caps

Oil edges up on supply worries, G7 pledge to enforce Russian price caps

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Oil prices edged up on Monday on a softer dollar and supply cuts from Canada and OPEC+ producers, while investors waited to see if a pledge by the Group of Seven (G7) nations to strictly enforce price caps on Russian energy would impact exports. Brent crude futures climbed 14 cents, or 0.2%, to…

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