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Brent is still at a premium ... considerations to bear in mind on this matter… These Factors Will Drive Oil Prices in 2019 First, rising U.S. production has been tempered by a market reality ...
“We’ve had a rally in the equity market and across the major commodities, and oil is one of the poster children for risk-on investors.” Brent has climbed 30 percent this year amid a growing consensus ...
Investing.com - $70 oil, checked. Next target $80? Saudi Arabia's hope since the start of this year has been for a Brent crude price of at least $70 per barrel. The hope came true on Thursday as ...
International crude oil benchmark, Brent futures touched $70.03 a barrel on Thursday. It is the first time, since 12 November 2018, that the benchmark has crossed the $70 mark. The fuel prices in ...
So it stands to reason that prices of scarce sour crude -- reflected in the Dubai oil benchmark -- should gain versus the Brent marker, which represents sweet supplies. Yet the opposite is occurring. ...