Brent Crude Oil Prices Rise Amid Geopolitical Tensions
Adding to the complex market dynamics, the American Petroleum Institute (API) reported that US crude oil inventories decreased by 1.5 million barrels during the week. This decline was less than the anticipated drop of 2.1 million barrels, marking the second consecutive weekly decrease but suggesting that demand may not be as robust as expected.
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Helima Croft, RBC global head of commodity strategy, joins 'Squawk on the Street' to discuss the impact of an Israeli attack ...
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Brent, Nigerian oil blends race to $80 per barrel amid Israel, Iran conflictBrent and Nigerian oil blends recorded a rebound to around $78 per barrel on Friday from a low of $70 amid escalating ...
WTI futures traded around $73.94 per barrel, as of 9 a.m. ET. That’s an increase of 3.37% in the last 24 hours.
Crude oil prices soared last week, with Brent futures up 9.2% to $78.1 and MCX futures up 11.3% to ₹6,339. Strong momentum ...
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Urals crude oil have risen back above $65 a barrel at Russian Baltic and Black Sea ports, or $5 higher than the price cap set ...
Oil prices fell by 2.4% in early European trade, possibly due to demand concerns and rebalancing. Click to read.
Part of the issue is that members are not sticking to their pledged cuts. The Saudi minister called out Iraq, which surpassed ...
Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute ...
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British Land has raised £301 million after it launched a share placing in order to finance the £441 million acquisition of ...
Oil prices rose on Friday and settled with their biggest weekly gains in over a year on the mounting threat of a region-wide ...
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