Sentiment remains negative in the oil market, with ICE Brent falling close to 2.5% yesterday. It settled below US$70/bbl after briefly trading to its lowest level in three years. Rising OPEC supply ...

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Oil recovers from multi-year low but Brent remains below $70

Oil prices were steady on Thursday, recovering slightly from a multi-year low, though Brent was still below $70 under pressure from trade tariffs between the U.S., Canada, Mexico and China and OPEC+ ...

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Oil prices rise, but Brent remains below $70

Oil prices rose from the six-month lows as the outlook for market demand remained clouded by trade tensions over tariffs imposed by US President Donal ...

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EIR Downgrades Brent Price Forecast

Enverus Intelligence Research said it has downgraded its Brent price forecast 'due to recent events including OPEC production cuts and President Trump's tariffs'.

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OPEC+ move seeks to please Trump but risks worsening oil oversupply

OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald Trump.

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