Profit-taking
Oil Prices Spike On Geopolitical Tensions: Middle East Clashes, Ukraine War Stoke Supply Concerns
Finance International News

Oil Prices Edge Lower After Weekly Surge, China Stimulus & US Growth Buoy Market

Oil prices weakened slightly on Friday, but remain set for a second weekly gain as positive US economic growth and signs of Chinese stimulus boosted demand sentiment, while Middle East supply concerns added further support. Brent crude futures were down 94 cents at USD 81.50 a barrel by 12:12 a.m. ET (17:12 GMT), having set […]

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Russia Remains Top Oil Source For India, Despite Red Sea Woes
News

Oil Prices Slide As Middle East Conflict’s Impact On Crude Seen Limited

Oil prices lost roughly 1 per cent on Monday as the Middle East conflict’s limited impact on crude output prompted profit-taking after oil benchmarks gained 2 per cent last week. Brent crude futures were down 69 cents, or about 0.9 per cent, at USD 77.60 a barrel by 1534 GMT and US West Texas Intermediate […]

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