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Brent Oil - Oil rises as supply constraints outweigh China slowdown fears
Brent crude oil futures were at $71.39 per barrel at 0832 GMT, up 56 cents from their last close and heading for a weekly gain of 1.5 percent, their third weekly gain in a row. U.S. West Texas ...
Trump wants to drive Iran's crude exports to zero. The oil market is not cooperating
Since then, the cost of U.S. crude oil has jumped 12%, international Brent crude is trading above $70 a barrel, and the national average gasoline price is up 30 cents a gallon. The primary reason for ...
Oil Price Fundamental Daily Forecast – Tightening Supply Continues to Outweigh Demand Concerns
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading higher on Friday, helped by better-than-expected trade balance data from China, which dampened concerns ...
Premier Oil Share Chat
Global oil supply dropped 340 kb/d in March ... March preliminary data show a significant crude build in Europe. ICE Brent reached a five-month high above $71/bbl in early April on supply concerns. ...
Russia cashes in as European oil refiners pay for U.S. sanctions
“Urals is anchored in a positive zone versus dated Brent and there is no indication it will fall to a discount any time soon,” a trading source at a European oil major said. In the ...
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