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Brent crude

Analysts See Brent Crude Sliding Toward $70 Per Barrel

Brent crude may fall toward the $60 to $70 per barrel range in the coming weeks as traders assess the outlook for Russian oil exports, analysts at UBS have said. In a market note, the team led by Giovanni Staunovo projected that Brent would end the year at $62 per barrel while maintaining “a more […]

Oil prices jump above $65, as Nigeria Libya exempt

prices

Brent crude oil prices jumped above $65 per barrel after the shutdown of the Forties North Sea pipeline knocked out significant supplies from a market that was already tightening due to Organisation of Petroleum Exporting Countries (OPEC)-led production cuts. The News Agency of Nigeria(NAN) reports that Brent crude futures on Tuesday, the international benchmark for […]