Tag: WTI
Oil Prices Dip on Signs of Supply Relief
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Oil prices edged lower, as indications of easing supply concerns took precedence, while market attention turned towards upcoming U.S. stockpiles data expected later in...
Oil prices in Asian trade showed a slight increase
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This article reports that oil prices in Asian trade showed a slight increase on Friday, heading towards a positive conclusion for the week. This...
Oil Prices Set to Break Two-Week Decline, Boosted by Economic Optimism and Middle East Tensions
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Oil prices climbed on Friday, poised to close the week with gains after enduring two consecutive weeks of losses. The upswing came as a...
Oil Prices Hold Steady at 5-Month Peaks Ahead of OPEC Meeting
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Oil prices maintained their upward trajectory in Asian trading on Wednesday, hovering near five-month highs as indications of dwindling U.S. inventories and the potential...
Oil Prices Rise on Economic Growth Expectations and Supply Concerns
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Crude oil prices experienced a modest increase, with U.S. futures reaching a five-month high, buoyed by optimistic forecasts for economic growth in the United...
Oil Prices Surge Over $1 a Barrel on Tighter Supply Outlook
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Oil prices experienced a robust surge of more than $1 a barrel, concluding the month with significant gains amidst expectations of OPEC+ maintaining production...
Oil prices surged in Asian tradin
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Oil prices surged in Asian trading on Thursday, propelled by expectations of tighter supplies, particularly with reduced Russian production, positioning crude for a robust...
Oil Prices Decline Amid Signs of Significant Increase in US Inventories
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Oil prices experienced a decline in Asian trade on Wednesday, driven by industry data revealing an unexpected, substantial build in U.S. inventories, which challenged...
Oil Prices Decline for Second Consecutive Day on Increased US Crude Inventories
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Oil prices experienced a second consecutive day of decline on Wednesday following reports of a surge in crude stockpiles in the United States, the...
Yen’s Depreciation Boosts Nikkei While China Stocks Retreat
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Japanese equities surged on Wednesday as the yen depreciated to its weakest level since 1990. However, Chinese markets experienced a decline, contributing to a...
Oil prices were relatively unchanged
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Oil prices were relatively unchanged on Tuesday, with Brent crude futures for May edging up by 7 cents to $86.82 a barrel, and U.S....
Why is crude oil called brent?
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In the realm of commodities trading, Brent crude oil occupies a prominent position as a benchmark for oil prices worldwide. The name "Brent" may...