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This move helped ease concerns over a possible crude oil supply constraint. At 9.54 am on Monday, June Brent oil futures were at $66.91, down by 1.55 per cent, and June crude oil futures on WTI ...
Crude oil posted its third straight weekly gain, buoyed by intensifying U.S. sanctions on key exporters and persistent signs of tightening global supply. Despite a Friday pullback on recession ...
Light crude oil is posting a solid weekly gain, closing near $69.90 on Thursday, up roughly 2.4%, as traders responded to tightening global supply and rising geopolitical risks. However ...
Xu Tianchen of the Economist Intelligence Unit noted that China has ... signs of demand recovery or coordinated supply discipline. Until then, the oil market remains under pressure, caught between ...
and renewable energy as it expects lower oil prices amid a looming crude supply glut. “Globally, we are heading to a glut in oil supplies which means prices will reduce,” Arunangshu Sarkar ...
TOKYO (Reuters) - Oil prices nudged higher on Thursday on concerns about tighter global supply after the U.S. tariff threat on Venezuelan oil buyers, while market players also grappled with the ...
NEW YORK, March 25 (Reuters) - Oil prices diverged on Tuesday as a maritime and energy truce between Russia and Ukraine offset concerns about tighter global supply due to threatened U.S. tariffs ...
Oil prices edged higher on Wednesday on supply concerns with the U.S. stepping up efforts to limit Venezuelan and Iranian oil exports, while a bigger-than-expected drop in U.S. crude inventories ...
Energy experts on Monday welcomed Eskom announcing the addition 800MW to the grid from Kusile Unit 6, saying this marked ... will strengthen the security of supply and energy availability.
buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by mounting concerns about tighter global supply following the U.S. threat of tariffs on nations buying ...
"The risks to our reduced oil price forecast are to the downside, especially for 2026, given growing risks of recession and to a lesser extent of higher OPEC+ supply," Goldman analysts said in a note.
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