Brent Oil was trading 4.68%up at $74.87. Oil prices rebounded on Monday as investors looked for bargains after Friday’s slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood remained cautious with little known about the new variant....
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Brent Oil was trading 0.53%up at $82.61. Oil prices rose on Tuesday, supported by the prospect of tight inventories across the globe, although the gains were capped by forecasts of an increase in global production in coming months and concerns over rising coronavirus cases in Europe. Brent Crude was...
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Brent Oil was trading 1.59% down at  $80.81. Energy producers gathered in Abu Dhabi following the COP26 U.N. climate talks called on Monday for greater inclusivity that would see more investment in hydrocarbons for energy security as they work to reduce emissions while developing their economies. The world could not...
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Brent Oil was trading 1.08%up at $83.62. Oil prices rose on Monday on the back of positive signs for global economic growth, supporting energy demand, while Saudi Arabia’s state-owned producer Aramco raised the official selling price for its crude. Brent Crudewas up by 84 cents or 1% at $83.58...
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Brent Oil was trading 0.25% downat $84.50. Oil steadied near $85 a barrel on Tuesday, not far from a multi-year high, supported by signs that supply from OPEC and other producers is falling short, although expectations of a rise in U.S. inventories was weighing. The increase in OPEC’s oil...
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Brent Oil was trading 0.72% upat $85.25. Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel demand in the United States and elsewhere in the world as economies pick up from coronavirus pandemic-induced slumps. U.S. West Texas Intermediate...
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Brent Oil was trading 0.84% upat $85.06. Oil prices rose on Tuesday as a supply crunch in natural gas, electricity and coal continued across the globe while falling temperatures in China revived concerns over whether the world’s biggest energy consumer can meet domestic demand for heating. The Brent Crude...
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Brent Oil was trading 0.79% up at  $84.76. Oil prices hit a fresh three-year high on Friday, climbing above $85 a barrel on forecasts of a supply deficit over the next few months as rocketing gas and coal prices stoke a switch to oil products. Brent crude futures were up 80...
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Brent Oil was trading 1.13% up at  $84.22. Oil prices rose by about 1% on Thursday after the International Energy Agency said that record natural gasprices will boost demand for oil and top oil producer Saudi Arabia dismissed calls for additional OPEC+ supplies. Brent crude futures gained 87 cents, or 1.1%,...
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Brent Oil was trading 0.60% downat $82.92. Oil prices edged down on Wednesday on concerns that oil demand growth will fall as major economies suffer through inflation and supply chain issues though surging prices for power generation fuel such as coal and natural gaslimited losses. Brent Crudefutures fell 24...
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