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Oil Prices Set to End Three-Week Losing Streak Amid U.S. Tariff Delays and Rising Demand

Oil prices are poised to break a three-week losing streak as a combination of factors, including rising fuel demand and U.S. tariff delays, supported...

European Stocks Rise Amid Ukraine Peace Hopes; FTSE 100 Falls

European stock markets saw mostly positive gains on Thursday, buoyed by optimism surrounding potential peace talks between Ukraine and Russia. Investors were also digesting...

Brent Oil Price Reverses Negative Trend: Positive Outlook for February 11, 2025

Brent crude oil prices saw a notable surge yesterday, breaking through the $76.00 mark. This movement effectively nullified the negative influence of the head...

Oil Prices Set for Third Straight Weekly Fall Amid Tariff Concerns

Oil prices experienced daily gains on Friday but are still on track for a third consecutive weekly decline, as concerns over U.S. President Donald...

Brent Oil Price Approaches Target – Forecast for January 22, 2025

Brent oil price continued its downward movement yesterday, nearing the target of $78.39, which corresponds to the 38.2% Fibonacci retracement level of the recent...

Oil Prices Rise on Supply Fears, Rate Cut Speculations

Oil prices climbed on Friday, heading for a fourth consecutive weekly gain, fueled by growing concerns over tighter supply following U.S. sanctions on Russian...

Oil Prices Rise on Positive Chinese Economic Data, Easing Middle East Tensions Limit Gains

Oil prices saw modest gains in early trading on Friday, supported by stronger-than-expected Chinese economic data, but geopolitical developments in the Middle East capped...

Asian Stocks Slide Despite Strong China GDP; Bond Yields Fall with Fed in Focus

Asian stock markets experienced a downturn on Friday, reflecting losses in U.S. equities the previous day. Despite a positive surprise from China’s GDP data,...

Oil Prices Rise on China Stimulus Measures and US Stockpile Decline

Oil prices surged on Thursday, driven by expectations that China’s new stimulus measures could boost demand, alongside a report showing a continued decline in...

Oil Prices Edge Higher on China Stimulus and U.S. Stockpile Decline

Oil prices inched up on Thursday during thin holiday trading, supported by expectations of additional fiscal stimulus in China and a projected decline in...

Brent Oil Price Faces Temporary Pressure, Sideways Movement Expected – Forecast for Today – 24 December 2024

Brent oil prices experienced a decline yesterday, reaching the 72.06 support level, before rebounding to trade around the 73.00 mark. The price may test...

Brent Oil Price – Sideways Movement Expected – Forecast for December 23, 2024

Brent oil prices have reached a near-term high, coming close to the previously targeted 72.06 USD level, before bouncing upwards towards the 73.90 USD...

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