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Brent Oil - Oil steady, supported by U.S. stocks and supply concerns
Brent crude oil LCOc1 was unchanged at $79.40 a barrel by 0910 GMT, stabilizing a little below the $80 mark. U.S. light crude oil CLc1 was 40 cents higher at $71.52 after rising nearly 2 percent on We...
Are Oil Prices Sustainable Above $80 Or Even Higher?
Just two years ago the price of Brent was only $45 per barrel and analysts were wondering if low oil prices might become a more permanent market fixture. Now that prices are heading upwards of $80, is ...
Saudi Arabia is Said to be Comfortable with Brent above $80
Saudi Arabia is now comfortable with Brent oil prices rising above $80/bbl, at least in the short term, as the global market adjusts to the loss of Iranian supply from U.S. sanctions, according to peo...
Commentary: Hedge funds stay bullish on Brent while trimming WTI
In contrast, sentiment towards Brent remained positive ... Overall, the hedge fund community is still anticipating a further rise in oil prices, even as they touch the highest level for almost ...
Tale of Two Oil Markets: Brent Bulls Split from U.S. Optimists
For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade. While money managers pile up on bets that Brent futures will rise as supplies fr...