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What Does Brent Stand For?

Brent crude oil is one of the most significant benchmarks in the global oil market, widely recognized for its pricing and its role as...

What Moves Brent Crude Oil?

Brent crude oil, often considered the global benchmark for crude oil pricing, plays a pivotal role in the global economy. Its prices not only...

Where Is Brent Oil From?

Brent oil, often referenced in global financial markets, plays a pivotal role in the oil industry. It is one of the primary benchmarks for...

Oil Prices Decline as U.S. Production Resumes and Rig Count Rises

Oil prices eased on Friday as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and data revealed an increase in the U.S....

What Type of Crude Oil Is Used to Make Diesel?

Crude oil is a vital natural resource that serves as the primary feedstock for the production of various fuels, including diesel. Understanding the types...

Goldman Sachs Forecasts Brent Oil Futures to Fall to $68 by End-2025 Amid Weaker Chinese Demand

Goldman Sachs has projected a significant decline in Brent crude oil futures, anticipating a drop to $68 per barrel by the end of 2025....

Oil Steadies on OPEC+ Reassurances, Set for Third Weekly Loss

Oil prices stabilized on Friday after key OPEC+ members, Saudi Arabia and Russia, indicated a possible pause or reversal in planned output increases. Despite...

Saudi Arabia Reduces July Arab Light Crude Oil OSP to Asia

Saudi Arabia has adjusted its official selling price (OSP) for its flagship Arab Light crude oil to Asia for July, setting it at plus...

Oil Prices Inch Upward Amidst Inflation and OPEC Anticipation

Oil prices saw a modest uptick in Asian trading on Monday, showing slight recovery from significant losses incurred last week. Traders remained watchful for...

Oil Prices Steady at Multi-Month Lows, Poised for Weekly Losses Amid Rate Fears

Oil prices stabilized on Friday but were on track for significant weekly losses as concerns over persistent inflation and high interest rates cast doubts...

Oil Prices Ascend as US Inventories Decline; Attention Shifts to CPI Inflation

In Asian trading on Wednesday, oil prices climbed, propelled by industry data indicating a decrease in U.S. inventories, which heightened expectations of constrained supplies....

Oil Prices Rebound Amid Tight Supply Prospects Despite Easing Middle East Tensions

Oil prices rallied in Asian trading on Tuesday, bouncing back from recent declines as market participants anticipated potential supply constraints in the coming months....

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