Brent Crude Futures closed at $74.04 per barrel, marking a significant increase of $1.51, or 2.08%. This surge reflects a notable upward movement in the global oil market. Such fluctuations…
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US crude oil futures settled at $68.62 per barrel, experiencing a decline of $0.31, or 0.45%. This drop reflects ongoing market volatility influenced by various factors, including global economic uncertainties,…
Brent crude futures settled at $72.53 per barrel, a decrease of $0.49 or 0.67%. This decline reflects ongoing concerns about global economic growth and its potential impact on oil demand.…
Spot gold prices experience a nearly 1% decline, settling at $2,890.12 per ounce. This drop occurs amidst a strengthening US dollar, which typically exerts downward pressure on gold prices. The…
UBS reports that the global oil market continues to experience tightness due to OPEC+ nations maintaining disciplined production cuts. This supply constraint, coupled with relatively steady demand, contributes to upward…
US crude oil futures settled at $70.70 per barrel, a slight increase of $0.30, representing a 0.43% rise. This marginal uptick in oil prices reflects the ongoing volatility in the…
Brent crude oil futures settled slightly higher on a particular trading day, closing at $74.78 per barrel, representing a modest increase of $0.35, or 0.47%. This marginal rise in oil…
Iraq is set to receive 185,000 barrels per day (bpd) of oil from the Kurdistan Region. This marks the first phase of resumed oil exports following a long-standing dispute that…
Iron ore prices are nearing $110 per metric ton, driven by optimism surrounding China’s recent economic support measures. These measures aim to bolster the country’s struggling property sector and stimulate…
Russia has announced an extension of its gasoline export ban for another six months, starting from March. This decision aims to stabilize the domestic fuel market and prevent shortages or…