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Brent Oil - Oil rally stalls on signs of more supply, demand doubts
Oil slipped from seven-month highs on Thursday as signs of growing supplies helped to halt a rally driven by optimism that vaccines will revive fuel demand.
Brent Oil and WTI forecast at $48 and $45 respectively by year-end – MUFG
Oil price has risen to post COVID-19 shock highs ahead of the OPEC+ meeting next week. MUFG Bank’s oil analyst forecast Brent and WTI at $48 and $45 respectively by end-2020. Key quotes “The ...
Brent crude oil surpasses $49 per barrel first time since March 6
The price of the January futures for Brent crude oil on London’s ICE accelerated its growth to 2.51% and reached $49.06 per barrel, TASS ...
Oil rallies past eight-month high on U.S. crude inventory draw, vaccine hopes
Oil prices climbed nearly 2% to their highest in more than eight months on Wednesday, as data showing a surprise drop in weekly U.S. crude inventories extended a rally driven by hopes that a COVID-19 ...
Oil Price Outlook: Vaccine hopes fuel crude oil price; expert reveals where Brent, WTI are headed, see MCX trading strategy
The hopes of a Coronavirus Vaccine is helping the cause of crude oil with the price rising for fourth straight session. The rally is despite the stock-piling of the commodity because of fresh eruption ...