Brent crude to remain range-bound in near term, may witness some decline: Emkay
11 months, 4 weeks ago

Brent crude to remain range-bound in near term, may witness some decline: Emkay

Live Mint  

Brokerage house Emkay Wealth Management, the advisory arm of Emkay Global Financial Services, expects Brent crude to trade in a range-bound pattern in the near term with a likelihood of some decline. After reaching a peak at $130.5 per barrel in March 2022, oil prices plummeted by over 40% due to robust Russian flows, a slowdown in Western countries, and a lackluster economic recovery in China. In May 2023, oil prices hit a 17-month low of $63.64 per barrel due to concerns of contagion from the failure of a US regional bank, coupled with troubles at Silicon Valley Bank and Credit Suisse Group AG, triggering a massive sell-off in crude oil futures. Read here: Outlook 2024: How equities, gold and crude oil will perform next year However, prices started increasing in late June, driven by OPEC+ output cuts tightening the physical oil markets.

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History of this topic

Oil climbs as Assad's fall brings more uncertainty to Middle East
2 weeks, 1 day ago

Oil climbs as Assad's fall brings more uncertainty to Middle East

The Hindu  

Oil prices climbed on Monday after the fall of Syrian President Bashar al-Assad's regime introduced greater uncertainty to the Middle East, although the gains were capped by a waning demand outlook for the coming year. "But Saudi Arabia's price reductions and OPEC+'s production cut extension last week underscored weak demand from China, indicating the market may soften toward year-end," he …

Oil reports weekly loss on oversupply fears despite OPEC+ output extension; Brent down over 2% in 5 days
2 weeks, 3 days ago

Oil reports weekly loss on oversupply fears despite OPEC+ output extension; Brent down over 2% in 5 days

Live Mint  

International crude oil prices fell by more than one per cent in the previous session to report a weekly loss after analysts projected a supply surplus next year on weak demand despite the Organisation of Petroleum Exporting Countries and its allies 's recent decision to delay the oil output hikes till April 2025 and extend the deep production cuts to …

Brent nears $93, US WTI ticks higher after OPEC+ pushes back output hike, extends cuts through 2026
2 weeks, 5 days ago

Brent nears $93, US WTI ticks higher after OPEC+ pushes back output hike, extends cuts through 2026

Live Mint  

International crude oil prices traded higher on Thursday, December 5, after the Organisation of Petroleum Exporting Countries and its allies, in its virtual meeting, decided to delay its planned output increase by three months to April 2025 and extend the full unwind of production cuts by a year until the end of 2026. -According to Reuters calculations, the gradual unwinding …

Oil Little Changed in Thin Trading After OPEC Delays Meeting
Trending News
3 weeks, 5 days ago

Oil Little Changed in Thin Trading After OPEC Delays Meeting

Live Mint  

-- Oil was steady as traders watched for any further clues to OPEC ’s production plans after it delayed a key virtual meeting by four days. Prices have been buffeted by fluctuating geopolitical tensions in the Middle East, waning demand in top importer China and concerns whether President-elect Donald Trump’s upcoming policies could affect supply from Russia and Iran. “The …

Oil rises after investors weigh escalation of Russia-Ukraine war amid rise in US crude stock; Brent at $73
1 month ago

Oil rises after investors weigh escalation of Russia-Ukraine war amid rise in US crude stock; Brent at $73

Live Mint  

International crude oil prices were steady on Wednesday, November 20, as the escalating war between major oil producer Russia and Ukraine offset a rise in US crude and gasoline stocks. Back home, crude oil futures last traded 0.56 per cent lower at ₹5,825 per barrel on the multi commodity exchange. This has put geopolitical risk back in the market However, …

Crude oil prices plummet 2.5% on strong US dollar; Brent slips below $74
1 month, 2 weeks ago

Crude oil prices plummet 2.5% on strong US dollar; Brent slips below $74

Live Mint  

Crude oil prices slid 2.5% on Wednesday, November 6, snapping a five-day winning streak, weighed down by a stronger US dollar as early reports suggested that Republican candidate Donald Trump is edging closer to securing a second term in the White House. Crude prices have experienced notable fluctuations in recent sessions, influenced by OPEC+'s decision to delay December production plans …

Oil hits one-week high on weak dollar ahead of US election results; Brent nears $76/bbl, WTI extends five-day streak
1 month, 2 weeks ago

Oil hits one-week high on weak dollar ahead of US election results; Brent nears $76/bbl, WTI extends five-day streak

Live Mint  

International crude oil prices edged one per cent higher to hit a one-week high on Tuesday, November 5, ahead of what is expected to be an exceptionally close US presidential election, after rising more than more than two per cent in the previous session as the Organisation of Petroleum Exporting Countries delayed plans to hike crude supply and production in …

Oil Prices Soar as Middle East Tensions Escalate
2 months, 2 weeks ago

Oil Prices Soar as Middle East Tensions Escalate

The Hindu  

Oil prices extend upward march on Mideast tensions, with Brent North Sea crude reaching close to $80 per barrel on Monday. The rise is partly attributed to concerns about geopolitical unrest in the Middle East, but also to hopes of stronger Chinese demand after Beijing recently announced major stimulus measures to boost its flagging economy.

Lebanon crisis: Oil prices climb on Middle East tensions
3 months ago

Lebanon crisis: Oil prices climb on Middle East tensions

Hindustan Times  

Oil prices rose on Tuesday on news of monetary stimulus from top importer China and concerns that tensions in the Middle East could hit regional supply, while a major hurricane loomed over the United States, the world's biggest crude producer. The crude oil market has been looking desperately towards Chinese authorities for further easing measures to counter the economic slowdown," …

Investors turned more bearish on oil last week than ever
3 months, 1 week ago

Investors turned more bearish on oil last week than ever

The Hindu  

Investors were more bearish than ever on crude oil last week, deepening a months-long selloff that pressured prices to multi-year lows amid growing concerns of weak demand in top consuming nations. Negative sentiment swept oil markets so strongly that short positions on Brent crude overtook long positions for the first time, data from the Intercontinental Exchange showed on Friday. “This …

Oil Rebounds After Brutal Week as Traders Take Stock of Outlook
3 months, 2 weeks ago

Oil Rebounds After Brutal Week as Traders Take Stock of Outlook

Live Mint  

Oil rose from its lowest close since 2021 after a deep weekly loss pushed futures close to levels regarded as oversold, with the focus this week on three reports that may clarify the demand outlook. Traders are in line for bumper crop of market insights this week as the three most prominent forecasters — OPEC, the Energy Information Administration and …

Oil stabilises as signs of economic slowdown clash with Fed rate cut hopes; brent crude at $85.09/bbl
5 months ago

Oil stabilises as signs of economic slowdown clash with Fed rate cut hopes; brent crude at $85.09/bbl

Live Mint  

Oil prices remained largely unchanged on Thursday as investors grappled with conflicting signals about crude demand. Concerns about a potential economic slowdown in the U.S. were balanced by rising expectations that the Federal Reserve might soon cut interest rates. “Crude Oil prices have recovered from above key support levels with NYMEX crude recovering from $79-$79.5 and MCX crude from above …

Oil sheds China demand worries, gains 1% on weaker US dollar & drop in stockpiles; Brent nears $85/bbl
5 months, 1 week ago

Oil sheds China demand worries, gains 1% on weaker US dollar & drop in stockpiles; Brent nears $85/bbl

Live Mint  

Crude oil prices climbed about one per cent on Wednesday, July 17, on a bigger-than-expected weekly drop in US crude stockpiles. Brent futures rose 96 cents, or 1.2 per cent, to $84.69 per barrel, while US West Texas Intermediate crude rose $1.36, or 1.7 per cent, to $82.12. Coming to domestic prices, crude oil futures last traded 1.95 per cent …

Oil prices rise on OPEC production cuts, summer consumption hopes; Brent rises 0.81% to $85.69 per barrel
5 months, 3 weeks ago

Oil prices rise on OPEC production cuts, summer consumption hopes; Brent rises 0.81% to $85.69 per barrel

Live Mint  

Oil prices rose on Monday, fuelled by increasing summer demand optimism and the supply cuts by the Organisation of the Petroleum Exporting Countries. On Monday, Brent crude futures rose 0.81 per cent or 69 cents to $85.69 per barrel as of 13:36. Both the commodity contracts increased nearly 6 per cent in June, with Brent settling around $85 per barrel …

Oil touches seven-week high amid demand optimism, war concerns; brent crude at $85.53/bbl
6 months ago

Oil touches seven-week high amid demand optimism, war concerns; brent crude at $85.53/bbl

Live Mint  

Oil prices reached seven-week highs on Wednesday, driven by optimism about summer demand and concerns over escalating conflicts, despite an industry report indicating an unexpected rise in U.S. crude inventories. Brent crude futures for August, set to expire on Thursday, increased by 20 cents to $85.53 a barrel by 12:35 GMT, while the more actively traded September contract rose by …

Oil set for weekly gain as demand signs, geopolitics seen as positives
7 months, 2 weeks ago

Oil set for weekly gain as demand signs, geopolitics seen as positives

Hindustan Times  

By Katya Golubkova and Sudarshan Varadhan Oil set for weekly gain as demand signs, geopolitics seen as positives SINGORE, - Oil rose on Friday, set for a weekly gain, as data this week from the U.S. and China, the world's two largest crude users, pointed to higher demand and continuing uncertainty over the Gaza war supported prices. Falling U.S. crude …

Oil set for weekly gain as demand signs, geopolitics seen as positives
7 months, 2 weeks ago

Oil set for weekly gain as demand signs, geopolitics seen as positives

Hindustan Times  

By Katya Golubkova and Sudarshan Varadhan Oil set for weekly gain as demand signs, geopolitics seen as positives SINGORE -Oil rose on Friday, set for a weekly gain, as data this week from the U.S. and China, the world's two largest crude users, pointed to higher demand and continuing uncertainty over the Gaza war supported prices. Falling U.S. crude inventories …

Oil rises on Saudi Arabia’s decision to hike prices, brent crude at $83.39/bbl
7 months, 2 weeks ago

Oil rises on Saudi Arabia’s decision to hike prices, brent crude at $83.39/bbl

Live Mint  

Oil futures saw an increase on Monday following Saudi Arabia's decision to raise June crude prices for most regions. “Crude Oil prices are seen trading positive today after Saudi Arabia raised its official oil selling price for most regions, and on fading hopes of a ceasefire in the Israel-Hamas war, however, price gains look limited as supply from the middle-east …

Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity?
7 months, 3 weeks ago

Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity?

Live Mint  

Oil prices extended losses on Friday, May 3, 2024 and stayed on course for the steepest weekly loss in three months, as investors weighed lower-than-expected US jobs data and the timing of interest rate cuts by the US Federal Reserve. Coming to domestic prices, crude oil futures declined 0.76 per cent to ₹6,551 per barrel on the multi commodity exchange. …

OPEC cuts and geopolitical tensions propel Brent crude up by over 13% in 2024; central banks face inflation challenge
8 months ago

OPEC cuts and geopolitical tensions propel Brent crude up by over 13% in 2024; central banks face inflation challenge

Live Mint  

Brent crude futures have surged 13.4% this year so far to $87.26 per barrel, propelled by escalating tensions in the Middle East, OPEC supply cuts, attacks on energy infrastructure between Ukraine and Russia, and increased oil demand from major consuming nations, all of which have tightened the market. Iran is the third largest producer in the Organization of the Petroleum …

Crude oil prices jump 4% on reports of Israel strikes on Iran; Brent crude above $90 a barrel
8 months ago

Crude oil prices jump 4% on reports of Israel strikes on Iran; Brent crude above $90 a barrel

Live Mint  

Crude oil prices jumped over 4% on Friday as conflict in the Middle East intensified, with Brent rallying above $90 a barrel in a sudden move higher. Brent oil, the global benchmark, surged 3.94% to $90.54 a barrel, while the US West Texas Intermediate crude futures spiked 4.06% to $86.09. Crude oil prices have rallied this year led by the …

Oil rises over $1 on tighter supply, stays on track for 3rd monthly gain ahead of OPEC decision; Brent hits $87
8 months, 3 weeks ago

Oil rises over $1 on tighter supply, stays on track for 3rd monthly gain ahead of OPEC decision; Brent hits $87

Live Mint  

International crude oil prices rebounded and rose by more than $1 per barrel on Thursday, March 28, after falling for two consecutive sessions ahead of the policy decision by the Organisation of Petroleum Exporting Countries. Brent crude futures for May were last up $1.21, or 1.4 per cent, at $87.30 per barrel, while the more actively traded June contract rose …

Oil rally cools off as prices slip 2% ahead of US Federal Reserve verdict; Brent down to $85.9/bbl
9 months ago

Oil rally cools off as prices slip 2% ahead of US Federal Reserve verdict; Brent down to $85.9/bbl

Live Mint  

International crude oil prices slipped on Wednesday, March 20, after hitting multi-month highs in the previous session, as investors braced for the US Federal Reserve's interest rate policy announcement later in the day. Coming to domestic prices, crude oil futures were last trading 2.05 per cent lower at ₹6,746 per barrel on the multi commodity exchange. Oil prices pullback ahead …

Oil rises 1%, heads for weekly gain as Middle East conflict rages
10 months, 2 weeks ago

Oil rises 1%, heads for weekly gain as Middle East conflict rages

Live Mint  

Oil prices rose on Friday and were on track for gains of almost 7% week-on-week, amid persistent tensions in the Middle East after Israel rejected a ceasefire offer from Hamas. Israeli forces continued deadly air strikes on Gaza on Friday, after the bombing of Gaza's southern border city of Rafah on Thursday helped send oil prices up by around 3% …

Oil scores weekly gain as Middle East risk offsets China concerns; Brent at $78
11 months ago

Oil scores weekly gain as Middle East risk offsets China concerns; Brent at $78

Live Mint  

Oil prices settled slightly lower in the previous session but recorded a weekly gain as Middle East tensions and disruptions to oil output offset concerns about the Chinese and global economies. Back home, on the Multi Commodity Exchange, crude oil futures due for a February 16 expiry, settled 0.28 per cent higher at ₹6,045 per bbl, having swung between ₹6,084 …

Oil prices extend gains as OPEC cuts expected; Brent crude at $81.92/bbl
1 year, 1 month ago

Oil prices extend gains as OPEC cuts expected; Brent crude at $81.92/bbl

Live Mint  

Global oil benchmarks extended gains on Monday, November 20, as further supply cuts in OPEC+ production are expected in the coming weeks. Since late September, oil prices have witnessed a nearly 20% decline, and last week, the prompt inter-month spreads for Brent and WTI transitioned into contango. "If additional cuts are agreed, a short-term price boost is expected, but its …

From $89 to near $100 and back: How Brent crude moved since last Diwali over OPEC+ cuts & more
1 year, 1 month ago

From $89 to near $100 and back: How Brent crude moved since last Diwali over OPEC+ cuts & more

Live Mint  

Crude oil benchmark Brent futures has moved sideways in the last one year - between November 2022 to November 2023, majorly due to the supply cuts announced by the Organisation of Petroleum Exporting Countries and its allies as well as the Israel-Hamas war. The shock cut, led by Saudi Arabia, immediately drove crude oil prices 8 per cent higher to …

Oil ticks higher on optimism ahead of Biden’s Israel trip; Brent at $90/bbl
1 year, 2 months ago

Oil ticks higher on optimism ahead of Biden’s Israel trip; Brent at $90/bbl

Live Mint  

Oil prices edged higher on Tuesday, October 17, ahead of a trip by US President Joe Biden to the Middle East that is likely to involve balancing support for Israel with trying to prevent any regional escalation of its war with Hamas. Back home, on the Multi Commodity Exchange, crude oil futures due for a October 19 expiry, was last …

Oil sears to 10-month high, set for weekly gain; Brent scores $94/bbl
1 year, 3 months ago

Oil sears to 10-month high, set for weekly gain; Brent scores $94/bbl

Live Mint  

Oil prices rose to a fresh 10-month high for the fifth straight session and were on track to record a third weekly gain as supply tightness driven by Saudi Arabian production cuts combined with optimism around Chinese demand. Back home, on the Multi Commodity Exchange, crude oil futures due for a September 19 expiry, were last trading higher by 0.44 …

Oil sizzles at 10-month high on Saudi, Russia output cuts; Brent over $91/bbl
1 year, 3 months ago

Oil sizzles at 10-month high on Saudi, Russia output cuts; Brent over $91/bbl

Live Mint  

Oil prices rose about 1 per cent on Tuesday, September 12, boosted by a tighter supply outlook, after oil producers Saudi Arabia and Russia extended their voluntary oil supply cuts till the end of the year. Back home, on the Multi Commodity Exchange, crude oil futures due for a September 19 expiry, were last trading higher by 1.73 per cent …

Oil jumps to 7-month high-level on tighter supply; Brent crude scores $88/bbl
1 year, 3 months ago

Oil jumps to 7-month high-level on tighter supply; Brent crude scores $88/bbl

Live Mint  

Oil prices continued its gaining streak and opened the first session of September by scoring a seven month-high-mark -the highest in over half a year and were on track to snap a two-week losing streak, buoyed by expectations of tightening supplies. Saudi Arabia is widely expected to extend a voluntary 1 million barrel per day oil production cut into October, …

Brent’s price structure shows over-supply concern; here’s why
1 year, 5 months ago

Brent’s price structure shows over-supply concern; here’s why

Live Mint  

Concerns of oil traders and analysts have shifted from under-supply to over-supply, the futures contract structure of the global benchmark Brent showed on June 28, as expectations of weak economic growth outweigh Saudi Arabia's output cuts. For the first time since December, the six-month spread for Brent shows contracts for earlier loading are trading below those for later loading, a …

Crude oil price today under sell off heat after US rebuttal on Iran nuclear deal
1 year, 6 months ago

Crude oil price today under sell off heat after US rebuttal on Iran nuclear deal

Live Mint  

Crude oil price today: After climbing on Thursday evening, oil prices on West Texas Index retraced to the tune of 0.25 per cent during early morning session in Asian stock market. On MCX, crude oil price today tumbled to the tune of one per cent and hit intraday low of ₹5,840 per barrel levels within few minutes of commodity market's …

Brent Crude Oil Falls Below $80 for First Time Since January
2 years ago

Brent Crude Oil Falls Below $80 for First Time Since January

News 18  

Stock markets fell on Tuesday as investors were split between fears that the US Federal Reserve will maintain its aggressive anti-inflation measures and growing optimism over China’s economic reopening. Meanwhile, oil prices tumbled, with the price of Brent crude briefly falling below $80 for the first time since January, when prices began to rise ahead of Russia’s invasion of Ukraine. …

Oil plunges to January lows on report of OPEC increasing output
2 years, 1 month ago

Oil plunges to January lows on report of OPEC increasing output

Live Mint  

Oil extended declines as Saudi Arabia and other OPEC countries were reported to be discussing an output increase alongside China tightening its anti-Covid curbs, hurting the outlook for demand. Declines accelerated after the Wall Street Journal reported OPEC+ is considering an output increase of 500,000 barrels ahead of the EU’s embargo of Russian oil. Brent’s prompt spread briefly traded in …

Crude prices subdued as worries over slowdown, China demand weigh
2 years, 3 months ago

Crude prices subdued as worries over slowdown, China demand weigh

Live Mint  

New Delhi: International crude oil prices traded on a subdued note on Tuesday after they recovered from the seven-month low levels in the previous session. Analysts said that concerns of a global slowdown and anticipation of interest rate hikes by central banks along with the rising Covid-19 cases in China weighed on the investors sentiments. Rahul Kalantri, vice president for …

International oil price slips under $100 per barrel
2 years, 5 months ago

International oil price slips under $100 per barrel

India Today  

Brent crude futures extended declines for a third session on Thursday, slipping under $100 a barrel, as fears of a potential global recession spurred concerns about oil demand. Brent crude futures fell 94 cents, or 0.9 per cent, to $99.75 a barrel after tumbling to a session low of $98.50 earlier. "Still, with commodity traders turning very risk-averse due to …

Crude prices fall as US to release supplies from reserves
2 years, 8 months ago

Crude prices fall as US to release supplies from reserves

Live Mint  

NEW DELHI: Crude oil fell in Asian deals on Friday after US President Joe Biden announced the release of 1 million barrels of oil per day for six months starting in May to check soaring prices in the aftermath of the Russia-Ukraine crisis. The May contract of West Texas Intermediate on the NYMEX slipped below the $100 per barrel mark …

Brent Crude Oil Hits $100, Highest in 8 Years on Russia's ‘Military Operation’ in Ukraine
2 years, 10 months ago

Brent Crude Oil Hits $100, Highest in 8 Years on Russia's ‘Military Operation’ in Ukraine

News 18  

Brent crude oil prices hit $100 per barrel for the first time since 2014 as Russian President Vladimir Putin had approved a special military operation in Ukraine’s Donbass region in the early hours of Thursday morning. “Sanctions by the US and other countries forcing Russia to supply less crude or natural gas would have substantial implications on oil prices and …

Brent oil hits $91 a barrel as Ukraine worries persist
2 years, 10 months ago

Brent oil hits $91 a barrel as Ukraine worries persist

Al Jazeera  

Brent oil hit a fresh seven-year high as a robust crude market countered the U.S. Federal Reserve’s indication that it would soon start raising interest rates to quell inflation. Key swaps tied to the North Sea market that helps price much of the world’s oil are trading at their firmest since 2019, while gauges of market strength, known as timespreads, …

Oil Prices Stabilise Amid Collapse of OPEC+ Talks; Brent Crude Oil Up by $73.45
3 years, 5 months ago

Oil Prices Stabilise Amid Collapse of OPEC+ Talks; Brent Crude Oil Up by $73.45

News 18  

SINGAPORE: Oil prices steadied after two days of losses amid uncertainty over supply after the collapse this week of talks among major producers which could potentially cause the current output agreement to be abandoned. Brent prices have fallen nearly 5% since Monday’s close after talks between the Organization of the Petroleum Exporting Countries and its allies, including Russia, known as …

Brent oil drops with tension building before OPEC+ talks resume
3 years, 5 months ago

Brent oil drops with tension building before OPEC+ talks resume

Live Mint  

Brent oil dropped below $76 a barrel ahead of another round of critical OPEC+ discussions to break a stalemate over raising production, with tension rising over the weekend between two long-time allies. “It’s the whole group versus one country, which is sad to me but this is the reality,” Saudi Energy Minister Prince Abdulaziz bin Salman said in an interview …

Oil falls as demand concerns trump Suez Canal disruptions
3 years, 9 months ago

Oil falls as demand concerns trump Suez Canal disruptions

India Today  

Oil prices fell more than 2% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug boats struggled to move a stranded container ship blocking crude oil carriers in the Suez Canal. Prices, which tumbled earlier in the week on worries about tighter pandemic curbs in Europe and vaccine delays stalling fuel demand growth, sharply reversed …

Brent crude oil price jumps past $70 for first time since pandemic began after Saudi facilities attacked
3 years, 9 months ago

Brent crude oil price jumps past $70 for first time since pandemic began after Saudi facilities attacked

India Today  

Brent crude futures surged above $70 a barrel on Monday for the first time since the Covid-19 pandemic began, while US crude touched its highest in more than two years, following reports of attacks on Saudi Arabian facilities. Brent crude futures for May hit $71.38 a barrel in early Asian trade, the highest since January 8, 2020, and were at …

Oil prices up on weaker dollar and lower inventories
3 years, 11 months ago

Oil prices up on weaker dollar and lower inventories

Live Mint  

Oil prices rose on Wednesday on the back of a weaker dollar, a decline in US inventories and Britain's approval of a second coronavirus vaccine, but both benchmark contracts remained on track for a decline of about 20% for the year. Both contracts turned negative briefly in early US trading as a bigger fiscal aid package in the United States …

Brent hits five-month high on Abu Dhabi supply cuts, China data
4 years, 3 months ago

Brent hits five-month high on Abu Dhabi supply cuts, China data

Live Mint  

Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand struggles to return to pre-COVID levels in a well supplied market. Abu Dhabi National Oil Company told its customers on Monday that it will reduce October supplies by 30%, up …

Oil edges up on tighter supply, but demand concerns check gains
4 years, 6 months ago

Oil edges up on tighter supply, but demand concerns check gains

Live Mint  

Oil prices nudged higher on Monday on tighter supplies from major producers, but concerns that a record rise in global coronavirus cases could curb a recovery in fuel demand checked gains. Both contracts rose about 9% last week and Brent crude futures flipped into backwardation, where oil for immediate delivery costs more than supply later, usually an indication of tightening …

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