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Oil Prices Rise on China Growth and Middle East Tensions

Oil prices climbed on Tuesday, buoyed by stronger-than-expected economic growth in China and heightened tensions in the Middle East following Iran's recent missile and...

How much spare capacity does opec have?

The Organization of the Petroleum Exporting Countries (OPEC) plays a significant role in the global oil market, with its member countries collectively producing a...

Oil prices experienced a notable decline in early Asian trading

Oil prices experienced a notable decline in early Asian trading on Monday, attributed to Israel's partial withdrawal of troops from Gaza and renewed discussions...

Oil Prices Drop Nearly 2% as Middle East Tensions Ease

Oil prices experienced a notable decline on Monday, with Brent crude slipping below $90 per barrel, as tensions in the Middle East eased following...

Oil Prices Hold Steady at 5-Month Peaks Ahead of OPEC Meeting

Oil prices maintained their upward trajectory in Asian trading on Wednesday, hovering near five-month highs as indications of dwindling U.S. inventories and the potential...

Oil Prices Rise on Economic Growth Expectations and Supply Concerns

Crude oil prices experienced a modest increase, with U.S. futures reaching a five-month high, buoyed by optimistic forecasts for economic growth in the United...

Oil Prices Rise Amid Tighter Supply Expectations and China’s Economic Strength

Oil prices climbed on Monday, extending recent gains fueled by expectations of tighter supply from OPEC+ cuts, disruptions to Russian refineries, and positive Chinese...

Asian Markets React: Chinese Shares Surge, Japanese Stocks Slide as Yen Holds Steady

Amidst a backdrop of cautious optimism regarding the global economic outlook, Asian markets witnessed a mixed performance on Monday. Chinese equities led the rally,...

Oil Prices Surge Over $1 a Barrel on Tighter Supply Outlook

Oil prices experienced a robust surge of more than $1 a barrel, concluding the month with significant gains amidst expectations of OPEC+ maintaining production...

Oil prices surged in Asian tradin

Oil prices surged in Asian trading on Thursday, propelled by expectations of tighter supplies, particularly with reduced Russian production, positioning crude for a robust...

Oil Prices Decline for Second Consecutive Day on Increased US Crude Inventories

Oil prices experienced a second consecutive day of decline on Wednesday following reports of a surge in crude stockpiles in the United States, the...

Why is crude oil called brent?

In the realm of commodities trading, Brent crude oil occupies a prominent position as a benchmark for oil prices worldwide. The name "Brent" may...

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