Brent Crude

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  Oil Jumps As Trump Shifts Hormuz Closure Burden To Oil-Dependent Nations

  In his speech, US President Donald Trump said the United States does not need oil from the Strait of Hormuz route.

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  All About Brent Crude And Why This Benchmark Dictates Global Oil Prices

  Brent crude is a blend of crude oil produced from a group of oilfields in the North Sea, located between the UK and Norway.

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  From Oil Price Rise To Market Crash, Iran War Sparks Global Economic Jolt

  The United States is temporarily allowing the sale of Russian oil that is at sea.

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  Brent Oil Futures Stay Above $80 For 2nd Day As Iran War Rattles Markets

  The rally in Brent futures is being driven by immediate supply destruction and probability of a worst-case supply shock.

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  How Israel-Iran Conflict May Affect Oil Prices In India

  Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring amid concerns that supplies from the critical West Asia region would be disrupted.

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  Brent Crude Oil Price Falls Below $80 For First Time Since February

  Brent crude oil prices fell to below $80 a barrel on Monday for the first time since February, after an OPEC+ meeting in which members agreed that countries could starting phasing out voluntary output cuts starting in October.

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  Oil Prices Fall Over 2% As Fed Hikes Interest Rates

  Brent crude futures for August settled down $2.7, or 2.2%, at $118.51 a barrel, having fallen as low as $117.75. U.S. West Texas Intermediate crude for July fell $3.62, or 3.04%, to $115.31 a barrel, after dropping to a low of $114.60.

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  Oil Surge Fans Inflation Fears, Dampens Stocks

  Brent crude futures dashed to two-month highs above $123 a barrel and could rise further, analysts warn, citing Europe's decision to slash Russian oil imports, high U.S. summer demand and the easing of Chinese lockdowns at a time of tight global crude supply.

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  Oil Edges Higher On Tight Supply, Rising U.S. Refining Activity

  Brent crude futures for July settled up 47 cents to $114.03 a barrel, while U.S. West Texas Intermediate (WTI) crude for July delivery ended up 56 cents to $110.33 a barrel.

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  Oil Slides On Friday, But Climbs For 5th Week On Supply Concerns

  Brent futures fell 49 cents, or 0.6%, to settle at $87.89 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 41 cents, or 0.5%, to settle at $85.14.

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  Crude Prices Edge Lower, Though Supply Concerns Still Dominant

  The global benchmark rose to $89.17 on Wednesday, its highest level since October 2014; the benchmark is up 13% on the year so far.

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  Oil Up, Settles Near 7-Year Highs After Iraq-Turkey Pipeline Outage

  Brent crude futures settled up 93 cents, or 1.1%, at $88.44 a barrel. The global benchmark earlier touched $89.13, its highest level since Oct. 13, 2014.

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  U.S. Oil Busts Through $90/Bbl For First Time Since 2014

  Global benchmark Brent crude settled at $91.11 a barrel, up $1.64, or 1.8%, while West Texas Intermediate crude soared $2.01, or 2.3%, higher to end at $90.27 a barrel, the first time the U.S. benchmark has closed above the $90-level since Oct.6, 2014.

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  Oil Rises As Libya Outage Adds To Supply Woes, Shanghai Prepares To Reopen

  Brent crude futures rose to $113.77 a barrel on Tuesday morning, while U.S. West Texas Intermediate (WTI) crude futures gained 33 cents to $108.54 a barrel.

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  Oil Dips, Focus On OPEC+ Response To U.S.-Led Oil Release

  OPEC expects the U.S. release to swell a surplus in oil markets by 1.1 million barrels per day (bpd), a source from the group said.