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Brent Oil - Declining U.S. Petroleum Inventories Push Oil Prices Higher
Despite a crude oil inventory build in the latest EIA report, U.S. commercial petroleum stocks have declined in most of the weeks in the past year and a half, falling below seasonal averages for the ...
Biden Desperately Needs To Bring Oil Prices Down
U.S. presidents have long been made by their advisers to understand the dangers of benchmark oil prices staying above the US$75-80 per barrel (pb) level for extended periods of time. As the Brent and ...
Brent crude futures for March increased by 0.52%
Brent crude oil futures for March on the Intercontinental Exchange (ICE) on January 25 at 12:03 MSK amounted to $86.72 per barrel ...
Brent Oil Set to Disappear as Crude-Price Benchmark Lives On
The world's most famous oil and gas field -- and the backbone of global crude pricing -- has dried up. Soon the Brent benchmark will have no Brent oil. Royal Dutch Shell PLC is expected next year ...
Brent Oil Rises Toward $77
Brent crude oil rose towards $77 on Monday due to hopes that the Omicron COVID-19 variant will have a limited impact on global demand in 2022, even as U.S. crude came under pressure from flight ...