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Brent crude rose about 1 per cent to near US$68 a barrel, after slumping 13 per cent over the past two days, while West Texas Intermediate was above US$65.
Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
HOUSTON (Reuters) -Brent and U.S. West Texas Intermediate crude prices fell on Friday, reversing gains after a report that OPEC was planning to hike production in August following an increase planned ...
The market’s biggest concern is that Iran could disrupt flows through the Strait of Hormuz—a vital artery for about a quarter ...
As the Middle East conflict continues and energy stability remains uncertain in the Persian Gulf, energy security remains steady in the U.S., fueled by the Gulf ...
There's still plenty Iran could do to push prices back up, and the markets could be getting it all wrong, But oil analysts ...
US shale oil production is unlikely to experience upside as West Texas Intermediate crude prices stay pressured near the mid ...
West Texas Intermediate (WTI) Oil price extends its losses for the second successive day, trading around $66.30 during the ...
Crude oil prices slid more than seven percent Monday while Wall Street stocks advanced after markets shrugged off Iran's ...
"Russia could emerge as a beneficiary if Iran were to close the Strait of Hormuz," said Nikos Tzabouras, analyst at Tradu.
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