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Brent Oil - Global stocks edge higher but oil prices fall as investors mull the economy and await earnings
Brent crude oil fell roughly 1% to around $103 a barrel, with WTI crude, the US benchmark price falling further, as worries about Asian growth weighed on the market. Global stocks have risen ...
Oil prices decline due to poor economic statistics from China, Japan
As stockholders pay attention to the OPEC+ summit on Wednesday, oil costs plunged on Monday as a result of dismal economic statistics from China and ...
The US is drawing up sanctions against companies that smuggle Iranian oil, according to a report
Iranian oil reportedly trades at a $10 a barrel discount to Brent crude, which has seen its price soar since Russia invaded Ukraine.
Oil Falls Ahead of OPEC+ Meeting: Analysts Cut Brent Price Forecast For 2022
Oil prices tumbled over 1% on Monday post disappointing economic data from China and Japan for the July month, painting a bleak picture for crude demand, while all eyes were set on the OPEC+ meeting ...
Oil Price Fundamental Weekly Forecast – US WTI’s Big Discount to International Benchmark Brent is Supportive
Lower inventories in the United States and cuts in Russian gas flows to Europe offset concerns about weaker demand and a U.S. interest rate hike.