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Tag: Brent

Oil prices down after three days of growth

Global oil prices decline on Friday morning after three days of growing trading sessions, owing to which the quotations gradually compensated for the drop earlier…

Goldman Sachs assessed the decline in oil demand due to delta strain

The spread of the Indian strain of COVID-19 may cause a decrease in daily global demand by 1 million barrels. At the beginning of the week, oil…

Oil prices fell below $ 75 per barrel because of uncertainty around the OPEC + deal

If the OPEC + oil deal does not take place, prices will collapse altogether. This is how former US Energy Secretary Danny Ray Brouillette commented…

Oil prices rise in anticipation of OPEC+ meeting

Global oil prices are rising slightly July 1 morning ahead of the OPEC+ meeting, according to trading data, Report informs referring to Prime agency. As of 8:48…

Will OPEC+ Meeting Outcome Cut Oil Price by $10?

The OPEC+ alliance of major oil producers is scheduled to meet virtually Thursday of this week, and oil market-watchers have been pondering what the group…

Oil Slides Amid Uneven Consumption Recovery

Oil slipped below $69 a barrel as traders assessed an uneven recovery in global demand. Global benchmark Brent has struggled for momentum after failing to…

Oil Rebounds as OPEC+ Seen Rolling Over Curbs

Oil rebounded ahead of an OPEC+ meeting on Thursday at which the group will decide on output policy, with the alliance expected to maintain its…

Oil Prices Fall as Greenback Bulks Up

Oil fell the most in a week as the dollar strengthened and investors shrugged off an attack on the world’s largest crude terminal in Saudi…

Advance Toward $50 Oil Could Be Tricky for OPEC+

With OPEC+ just days from meeting, those countries who favor ratcheting up oil production may be finding some support for their arguments from surging prices…

$40 Could Be Magic Number for Some Oil Players

The $40 per barrel level for West Texas Intermediate crude oil could trigger an uptick in activity among some oil market players, an informed market-watcher…

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