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Brent Oil - Oil rises as supply constraints outweigh China slowdown fears

12-04-2019 04:10

Brent crude oil futures were at $71.39 per barrel at 0832 GMT, up 56 cents from their last close and heading for a weekly gain of 1.5 percent, their third weekly gain in a row. U.S. West Texas ...

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Trump wants to drive Iran's crude exports to zero. The oil market is not cooperating

Since then, the cost of U.S. crude oil has jumped 12%, international Brent crude is trading above $70 a barrel, and the national average gasoline price is up 30 cents a gallon. The primary reason for ...

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Oil Price Fundamental Daily Forecast – Tightening Supply Continues to Outweigh Demand Concerns

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading higher on Friday, helped by better-than-expected trade balance data from China, which dampened concerns ...

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Premier Oil Share Chat

Global oil supply dropped 340 kb/d in March ... March preliminary data show a significant crude build in Europe. ICE Brent reached a five-month high above $71/bbl in early April on supply concerns. ...

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Russia cashes in as European oil refiners pay for U.S. sanctions

“Urals is anchored in a positive zone versus dated Brent and there is no indication it will fall to a discount any time soon,” a trading source at a European oil major said. In the ...

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