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Oil Prices Rise on Seasonal Demand, Geopolitical Tensions
Oil prices were rising, with Brent crude up 0.4% at $68.91 a barrel, and WTI up 0.5% at $66.91 a barrel. Market fundamentals for oil remain fundamentally tight on bullish seasonal demand, while new Houthi attacks on cargo vessels transiting the Red Sea are adding a risk premium,
Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...
Crude oil futures rise on supply concerns after drone attacks in Iraq's Kurdistan; market supported by lost production.
Oil market braces for price surge after U.S. attacks on Iranian nuclear facilities. Analysts predict disruptions to Middle ...
Nearby WTI and Brent crude oil futures settled at $70.64 and $74.90, respectively, at the end of Q2 2023. WTI futures were 6.65% lower in Q2 and fell nearly 12% over the first half of 2023. Brent ...
Oil Price Rise And The Impact On Inflation. This past week, the oil price rise caused by the outbreak of the Iran/Israel conflict caught investors’ attention. However, ...
Oil prices were surging, ... In the U.S., the Biden administration is clearly concerned about the prospect that gas prices might rise even further. Under former President Donald Trump, ...
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Oil Prices Rebound as U.S. Crude Stockpiles Drop Sharply; Market Eyes Tariff UncertaintyOil prices gained ground during Thursday’s Asian session, ending a three-day losing streak after U.S. government data ...
MSCI's global equity index advanced on Thursday while the dollar rose as investors were encouraged by the latest crop of ...
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