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Oil Prices Rise as US Sanctions and Stockpile Forecasts Raise Supply Concerns

Oil prices climbed on Friday following the tightening of U.S. sanctions against Russian crude exports, intensifying supply worries in an already constrained market. Additionally,...

Oil Prices Drop Over 2% as Saudi Arabia Vows Stability; Middle East Tensions Remain in Focus

Global oil prices witnessed a decline of more than 2% on Wednesday as concerns about supply disruptions due to Middle East conflicts eased. This...

Crude Oil Prices Display Marginal Gains as Markets Await Catalysts

Crude oil prices in the Asian session experienced slight gains, hovering a few cents above the previous day's lower closing prices. The oil market...

Oil Rally Pauses Amid Uncertainty Over Middle East Conflict

Oil prices, which surged more than 4% on Monday due to escalating conflict between Israel and Hamas, have paused as traders seek a clearer...

Will Brent Oil Go Up: A Complete Overview

The world of commodities trading, particularly in the realm of energy, is highly dynamic and influenced by a myriad of factors. Brent oil, one...

WTI vs. Brent Crude Oil: Understanding the Differences

WTI and Brent are two of the most well-known and widely traded types of crude oil in the world. Both serve as benchmarks for...

Oil Prices Rise as Markets Focus on Supply Tightness

Oil prices climbed by more than $1 a barrel on Wednesday as markets shifted their focus to supply tightness heading into the winter season...

Oil Prices Retreat from 10-Month Highs as Profit-Taking Commences

Global oil prices surged to their highest levels in 10 months on Tuesday before experiencing a slight retreat, as investors seized the opportunity to...

Oil Prices Could Briefly Touch $100 Due to Output Cuts and Geopolitical Tensions, Says Citi

Citi's global head of commodity research, Ed Morse, and his team have predicted that oil prices could surge towards $100 per barrel in the...

Oil Prices Continue to Rise Amid Supply Concerns

Oil prices extended their gains on Tuesday, marking the fourth consecutive session of increases, as concerns about weak U.S. shale production intensified worries about...

What is oil trading for right now: A Complete Overview

Oil trading is a cornerstone of the global economy, with the price of crude oil having a profound impact on various sectors, from transportation...

Oil Prices Steady as Market Awaits Monthly Oil Forecasts

Oil prices showed minimal change on Monday, with Brent crude settling at $90.64 per barrel, down just 1 cent, and U.S. West Texas Intermediate...

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