Brent Oil
Brent Crude is extracted from the North Sea near Europe; its oil fields include Brent, Ekofisk, Forties, and Oseberg.
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Oil Lower on Middle East De-esclation Hopes
Brent crude futures (OIL) are pulling back today to around $101 per barrel, signaling growing market hopes for a gradual…
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Oil Prices Spike Again as Supply Gets Targeted
There is a bias towards higher energy prices and slightly weaker stocks this morning, as the Brent crude oil price…
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Brent Rises on Lingering Supply Concerns
Brent crude futures rose above $104 per barrel on Tuesday, rebounding from the previous session’s losses as investors continued to…
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Oil Price Supported by Kharg Attack
WTI crude futures rose toward $99 per barrel on Monday after climbing as high as $102.40 per barrel to their…
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Crude Oil Prices Rally as Iran War Disrupts Global Supplies
April WTI crude oil (CLJ26) on Friday closed up +2.98 (+3.11%), and April RBOB gasoline (RBJ26) closed up +0.0768 (+2.59%).…
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Crude Oil Surges as Strait of Hormuz Remains Closed
April WTI crude oil (CLJ26) on Thursday closed up +8.48 (+9.72%), and April RBOB gasoline (RBJ26) closed up +0.1763 (+6.32%).…
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Higher Oil Prices Are Here to Stay
The oil price surged above $100 per barrel at one stage on Thursday morning, although it is backing away from…
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WTI Price Struggles near $82.00, 200-hour holds the key for bulls amid Iran war
WTI attracts fresh sellers on Wednesday, though it manages to hold above the 200-hour SMA. The broader technical setup has…
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WTI Price Retakes $88.00 as Strait of Hormuz closure fuel supply disruption fears
WTI attracts fresh buyers and reverses a part of the previous day’s sharp retracement slide. The closure of the Strait…
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WTI jumps above $100 amid Middle East war, retreats on emergency reserve talks
Oil prices surge sharply at the start of the week as escalating tensions in the Middle East disrupt global supply…
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