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Brent Oil
Brent Crude is extracted from the North Sea near Europe; its oil fields include Brent, Ekofisk, Forties, and Oseberg.
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Brent Extends Gains on Hormuz Uncertainty
Brent crude strengthened above $89 per barrel on Wednesday, advancing for a sixth straight session as investors weighed conflicting signals…
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Brent Rises for 4th Session
Brent crude oil rose above $84 per barrel on Monday, extending gains for a fourth consecutive session as uncertainty over…
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Uncertainty Over Reopening of Strait of Hormuz Lifts Crude Prices
September WTI crude oil (CLU26) closed up +0.89 (+1.15%) on Friday, and September RBOB gasoline (RBU26) closed up +0.0468 (+1.59%).…
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Oil climbs back above $80 per barrel
Oil recovers on Iran-Oman talks and Ukrainian attacks on Russian refineries Oil prices are moving higher during Thursday’s session as…
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Brent crude falls below $80!
Hopes for unblocking the Strait of Hormuz are growing following comments from the US Treasury Secretary about a possible agreement…
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Supply Disruptions Underpin Crude Oil Prices
Crude oil prices rose on Friday despite no fresh attacks by the US and Iran against each other. However, Houthi leader…
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Three Markets to Watch Next Week
The Federal Reserve kept interest rates unchanged, although Kevin Warsh himself sought to maintain a hawkish stance while not suggesting…
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Further escalation and tense situation do not drive oil further
The oil market is experiencing extreme volatility as a result of the armed conflict between the US and Iran. Although…
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WTI Oil extends gains beyond $84.00 as US resumes strikes in Iran
WTI Oil appreciates to levels above $84.00 after bouncing off the $77.16 lows earlier this week. Crude prices have rallied…
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Oil Slides Into The Weekend!
Brent futures (OIL) down 3.5%! Diplomacy is back? Oil prices sharply turned lower following reports that, under pressure from Beijing,…
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