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By Erwin Seba HOUSTON (Reuters) -Brent crude rose more than $1 a barrel on Friday morning and oil prices were on track for ...
Upside for crude oil is likely to remain limited while OPEC+ maintains a trajectory of production hikes. Click to read.
By Erwin Seba HOUSTON (Reuters) -Crude rose more than $1 a barrel on Friday, posting its first weekly gain in three weeks ...
Hedge funds boosted their bullish stance on US crude by the most in five months as wildfires endangered Canadian flows and ...
The spread between U.S. West Texas Intermediate and Brent crude futures narrowed to its tightest level since September 2023 on Friday as U.S. prices rose on a sliding rig count and Canadian wildfires ...
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
A meaningful upside in oil prices seems limited as the recent rally has been driven more by geopolitical risks than by ...
There are downside risks for oil in the coming months, particularly from higher supply. However, prices could rise again from ...
Oil prices settled down just over 1% on Wednesday after U.S. data showed surprisingly large build in gasoline and diesel ...
Crude oil futures slipped on Wednesday, impacted by weak global demand and reduced trading positions. WTI and Brent crude ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
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