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Brent Oil - Brent Oil to stay resilient at $80 as market is seen in deficit in Q1 2022 – ANZ
The release of oil from strategic reserves ramps up competition for control of the oil market amongst the world’s biggest producers. Strategists at ANZ Bank do not expect OPEC will stand by idly as ...
Oil-producing nations urged by IEA to open the taps
High gas and oil prices reflect “artificial tightness” in energy markets because of big producers including Russia and the Opec cartel withholding supplies, th ...
FTSE 100 Live: Airlines down, crude (and Covid) up as economy wobbles
Efforts to curb energy prices through the coordinated release of strategic oil reserves look to be having little impact after Brent crude traded above $80 a barrel today.
Crude Oil Price Forecast – Crude Oil Markets Pause
Crude oil markets have paused during the trading session on Wednesday, as we are hanging about the most recent resistance area.
Oil Market Awaits OPEC+ Response to SPR Release
Crude oil reacted decisively positive to yesterday's announcement about a global release of Strategic Reserves. Brent crude initially climbed 3.8 percent and so far today it has managed to hold on to ...