oil

Oil prices closed with small gains on Friday, after deleting the intra-conference losses, however, the upward momentum was limited by the heavy losses of Wall on Friday. Oil prices have found support in the…
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WTI remains stable in the $110 area, a little lower on the day, although almost sideways on the week. WTI is trading in the middle of its weekly $105-$115 range as traders continue to ponder…
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Oil prices are falling as investors voiced concerns about weakening global economic growth and tighter monetary policy by central banks, which could curb fuel demand recovery. Brent crude for July delivery was…
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By Ariel Cohen On Wednesday, Hungary demanded that the import of Russian oil into the EU be excluded from the proposed sanctions of the bloc against Moscow for invading Ukraine. At the same time, the…
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Arrivals of Russian oil off the Greek coast reached record levels in April as sanctions against Moscow led traders to new methods of exporting Russian oil via ship-to-ship (STS) shipments, according to Refinitiv. Eikon…
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WTI has rallied back to the $108.00 zone from a previous test of its 21 and 50 DMAs around $105. Oil is being supported amid strong global demand (China lockdown easing) and ongoing supply…
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Oil has rebounded on strength in commodity markets after a two-day slump, largely attributed to concerns about the global recession. West Texas Intermediate recorded its initial losses and is higher, at $ 110 a…
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LAST UPDATE 13:49 Oil prices are falling after the initial rise, amid concerns that high fuel prices could hurt economic growth, but the planned easing of restrictions in Shanghai and the prospect of low supply put…
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Oil prices fell on Wednesday, reversing gains earlier today, despite data showing a sharp drop in US crude and gasoline inventories. The shift to crude losses came as Wall Street heavy losses dampened investment…
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WTI has fallen back towards $110, with oil prices weighed down by declining macro risk sentiment. However, declines may be attractive to potential buyers as the lockdown in Shanghai eases and…
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