Archive for Tag: BRENT OIL Market Outlook

U.S. West Texas Intermediate crude futures

Oil rebounds on tight supply, prospects of new Russia sanctions

Brent Crudewas trading 1.97%up at $109.91 Oil prices clawed back heavy losses to rise more than 2% on Wednesday on supply tightness and the growing prospect of new Western sanctions against Russia even as signs of progress emerged from peace talks between Moscow and Kyiv. Brent crude futures were...

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BRENT CRUDE OIL

Oil prices rise on tight supplies, stable demand

Brent Crude was trading 1.00% up at $110.91 Oil prices rose on Tuesday, recovering some of the previous session’s losses as Kazakhstan’s supplies continued to be disrupted and major producers showed no sign of being in a hurry to boost output significantly.Brent Crude rose $1.41, or 1.3%, to $113.89...

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Brent crude futures

Oil rises as fears of Russian oil sanctions spur supply concerns

Brent Crude was trading up 2.04%at $126.62 Oil prices rose on Tuesday, with Brent surging past $126 a barrel, as fears of formal sanctions against Russian oil and fuel exports spurred concerns about supply availability. Benchmark Brent crude futures for May climbed $3.07, or 2.49%, to $126.28 a barrel...

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Oil rises above $111 as Ukraine conflict offsets Iran supply hope

Brent Crude was trading up 2.04% at $112.62 Oil rose above $111 a barrel on Friday in a volatile session as fears over disruption to Russian oil exports in the face of Western sanctions offset the prospect of more Iranian supplies in the event of a nuclear deal with...

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BRENT CRUDE WEEKLY SCENARIO

BRENT CRUDE WEEKLY SCENARIO – 01 March 2022

BRENT CRUDE Price Technical Analysis: Weekly Chart In the weekly charts, Brent Crude is trading in an upward channel. Brent Crude  is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Brent Crude will follow an uptrend in...

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Brent crude

Oil soars as Russian energy supply fears intensify

Brent Crude was trading up 4.84%at $98.75 Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian banks from a global payments system, which could cause severe disruption to its oil exports. Brent crude rose $4.82, or 4.9%, to $102.75 by 1028...

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Oil prices take breather as Russia advances further on Ukraine

Brent Crude was trading up 0.89% at $94.39 Oil prices slipped on Friday, after sharp rises in the session, on concern over potential global supply disruptions from sanctions on major crude exporter Russia. The April Brent crude futures contract was down 33 cents, or 0.3%, to $98.75 a barrel...

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Oil falls as Russia, Ukraine supply fears wane

Brent Crude was trading up 0.48% at $93.41 Oil prices fell on Wednesday, retreating from seven-year highs hit the previous day as it became clear that the first wave of U.S. and European sanctions on Russia were unlikely to disrupt oil supplies. Brent crude was down 59 cents, or...

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Brent crude futures

Oil rises as tight market looks to Russian-Western diplomacy

BRENT CRUDE OIL was trading up 0.54%at $91.96 Oil prices rose on Monday as fresh diplomatic efforts to resolve the Ukraine crisis provided some relief from supply concerns that have kept oil prices near $100 a barrel. Brent crudefutures were up 41 cents, or 0.4%, at $93.95 a barrel...

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Brent Crude oil

Oil falls, caught between Iran talks and Ukraine crisis

BRENT CRUDE OIL was trading down 2.00%at $92.90 Oil prices fell on Thursday as talks to resurrect a nuclear deal with Iran entered their final stages, but losses were capped by heightened tensions between top energy exporter Russia and the West over Ukraine. Brent Crude traded down $1.26, or...

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