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Why Brent Price is Increasing?

In recent times, the price of Brent crude oil has shown notable fluctuations, prompting analysis into the factors driving its upward trajectory. This article...

What Influences Brent Crude Oil Prices?

Brent crude oil, a benchmark for global oil prices, plays a pivotal role in the energy sector and global economy. Understanding the factors that...

Oil Prices Retreat from Seven-Week Highs on Mixed Signals

Oil prices retreated on Wednesday after reaching seven-week highs, influenced by conflicting factors of summer demand optimism and geopolitical tensions, despite an unexpected increase...

Oil Steady Amid U.S. Stock Build but War Jitters Abound

Oil prices remained largely steady on Wednesday, hovering near their highest levels in seven weeks. Brent crude futures eased by 34 cents to $84.99...

Gold and crude oil opened lower. Today’s trend analysis and operation suggestions

June 17, news analysis: As the market continues to digest the better-than-expected US inflation data on Wednesday, prices rose 1.3%. As the market continues...

Oil Prices Set for Best Week in Over 2 Months on Demand Outlook and OPEC+ Compliance

Oil prices are showing signs of moderation on Friday as investors weigh the implications of U.S. interest rates remaining elevated for an extended period....

Oil Prices Retreat Following Unexpected Increase in US Inventories and Hawkish Fed Statements

Oil prices experienced a decline in Asian trading on Thursday, prompted by official data revealing an unexpected build in U.S. crude inventories. Additionally, the...

Oil Prices Hold Steady as Investors Exercise Caution Ahead of Fed Meeting and CPI Data

Oil prices remained largely unchanged on Tuesday as investors adopted a cautious stance while awaiting key U.S. and China Consumer Price Index (CPI) data,...

Oil Steadies on OPEC+ Reassurances, Set for Third Weekly Loss

Oil prices stabilized on Friday after key OPEC+ members, Saudi Arabia and Russia, indicated a possible pause or reversal in planned output increases. Despite...

Saudi Arabia Reduces July Arab Light Crude Oil OSP to Asia

Saudi Arabia has adjusted its official selling price (OSP) for its flagship Arab Light crude oil to Asia for July, setting it at plus...

Europe Anticipates First ECB Rate Cut in Nearly 5 Years, Stocks Edge Higher

European markets edged higher on Thursday, nearing an all-time high, while the euro strengthened as investors awaited the European Central Bank's (ECB) widely anticipated...

Dollar Edges Up Ahead of Key Data and Bank of Canada Policy Meeting

The dollar stabilized on Wednesday, anticipating crucial U.S. economic data releases and a monetary policy meeting in Canada that traders speculate could trigger rate...

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