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Brent Oil - Brent oil falls as recession fears boost demand concerns

05-07-2022 02:45

LONDON (Reuters) -Brent oil prices slipped on Tuesday, reversing earlier gains, as concerns of a possible global recession curtailing fuel demand outweighed supply disruption fears, highlighted by an ...

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Citi Warns Oil May Collapse to $65 by the Year-End on Recession

Crude oil could collapse to $65 a barrel by the end of this year and slump to $45 by end-2023 if a demand-crippling recession hits, Citigroup Inc. has warned. That outlook is based on an absence of ...

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Brent oil falls as recession fears increase fuel demand concerns

Brent oil prices dipped today, reversing earlier gains of $1, as concerns of a possible global recession curtailing fuel demand outweighed supply disruption fears, highlighted by a potential ...

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Brent oil may test resistance at $116.11

SINGAPORE: Brent oil may test a resistance at $116.11, a break above which may lead to a gain to $118.25 per barrel. The stabilization of the price around a rising trendline suggests an extension of ...

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Brent Crude Oil Price Prediction for July as Double Bottom Forms

The Brent crude oil price has formed a double bottom pattern as investors wait for the upcoming meeting between Joe Biden and Salman ...

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