The recent move higher in oil prices is likely to be temporary as higher production causes benchmark crude prices to fall from their 2024 levels this year and next, the U.S. Energy Information ...
Besides the surge in the dollar following strong US jobs data late on Friday, fresh sanctions on Russian oil by the outgoing Biden administration drove up global crude prices and worsened India's ...
Global oil prices are on track to settle at their highest level since August, boosted by the prospect of new sanctions reducing Russian crude exports. Benchmark Brent crude futures rose more than ...
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NEW YORK (Reuters) -Oil prices eased in volatile trade on Monday as some bearish economic news from the United States and Germany offset bullish support from a weaker U.S. dollar and forecasts for ...
SINGAPORE: Oil prices slid on Monday amid a strong U.S. dollar, concerns over sanctions and ahead of key economic data by the U.S. Federal Reserve and U.S. payrolls later in the week. Brent crude ...
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