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Brent Oil - Analysis: Oil prices unlikely to plummet as backwardation to continue
20-08-2025 00:02
Brent crude prices remained largely unchanged over the past fortnight, hovering between $65 and $66 per barrel, as anticipation of Russian oil re-entering global markets due to ongoing Russia-Ukraine peace talks fueled bearish sentiment.
Oil Prices Mixed as Market Digests Trump-Putin Summit
Oil prices were mixed with Brent falling and WTI flat as the tone of the meeting between Trump and Putin lowered the risks of stricter sanctions on Russia.
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