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Benzinga
Benzinga
Business
Adam Eckert

EXPLAINED: Why peabody energy stock is rising today | Vintage Vibes

Peabody Energy Corp (NYSE:BTU) shares are trading higher Tuesday alongside several other companies in the oil and energy sector amid an increase in the price of oil. 

On Monday, oil prices fell to the lowest levels since February as lockdowns in China in response to surging COVID-19 cases caused demand fears. The oil markets have seen increased volatility since Russia invaded Ukraine.

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