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Crude Oil
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Commodity Wrap – Oil, Natgas, Cocoa, Wheat
Market Situation In the energy commodities market, we are seeing a strong sell-off today, led by WTI crude (-4.35%) and…
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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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WTI trades with positive bias below mid-$79.00s on Iran uncertainty, supply concerns
WTI gains some positive traction on Tuesday amid the uncertainty over US-Iran peace talks. The US-Iran standoff over the Strait…
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WTI Price Forecast: More pain likely if fails to hold $77
The oil price faces intense selling pressure as Iran agrees to reopen the Strait of Hormuz. Oil prices rally over…
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Oil Falls as US-Iran Peace Talks Resume
Crude oil dropped more than 4% toward $80 per barrel on Monday after surging over 20% in July, as President…
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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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WTI falls to near $80.50 on profit-taking, increased traffic through Strait of Hormuz
WTI slumps to near $80.50 in Friday’s early European session, down 2.60% on the day. Signs of increased oil tanker…
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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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WTI falls below $83.00 despite hostilities in the Middle East
WTI price tumbles to $82.80 in Thursday’s early Asian session. Fears of wider conflict in the Middle East and concerns…
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