Investors are underpricing oil amid geopolitical tensions, Ben McMillan says.

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Cut 6p from petrol prices after slump in oil costs, forecourts told

Petrol should be 6p per litre cheaper than it actually is, the RAC has said. The road side assistance business has called on forecourts to lower their prices to reflect the fact that wholesale prices on crude oil have been falling since the start of July.

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Oil Prices Dip After Recent Rally

In a market analysis sent to Rigzone on Tuesday, Mazen Salhab, MENA Chief Market Strategist at BDSwiss, outlined that oil prices dipped today after a recent rally “as the market assessed the impact of geopolitical tensions and uncertainties surrounding ...

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Carlyle’s Currie Sees Risk of Oil-Price Spike After ‘Carry Trade’

Oil prices face increased risk of a spike following a “carry trade” that has diverted much-needed capital from the market, according to veteran commodities analyst Jeff Currie.Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm,

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