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Oil prices fell slightly on Tuesday, with renewed hopes of a cease-fire in Gaza offset by a weak US dollar and a tight global supply outlook. International benchmark Brent crude traded at $86.01 per ...
The SPDR Energy Select Sector ETF (XLE) stock price surged to a record high as the price of crude oil formed a golden cross. The ETF soared to a high of $94, its highest point on record. It has risen ...
The price of Brent crude oil surged to $85.67 and the West Texas Intermediate crude rose to $80.88 per barrel, according to Reuters. The rise is attributed to concerns over tighter global supply ...
Both Brent and WTI benchmarks have exhibited steady growth throughout the year, with Brent soaring nearly 11% and WTI around 12.5% by the close of trading on Friday.
Investing.com-- Oil prices rose slightly in Asian trade on Tuesday as expectations of tighter supplies were boosted by more output curbs in Russia, although the United Nations’ adoption of an ...