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Brent Oil - FTSE 100 Live 30 August: Index nears record high, Brent Crude at $79
Volatility set to return amid US interest rate focus 09:16 , Graeme Evans It’s another quiet session for stock markets, although there’s every chance liquidity will improve next week as traders return after the summer break.
Oil prices settle higher as Iraq's plan to cut output adds to ongoing supply risks
Oil prices settled higher Thursday, underpinned by ongoing supply risks as crude output in Libya slumped, while Iraq detailed plans to reduce output starting next month. At 2:30 p.m. ET (1830 GMT), Brent oil futures rose 1.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Focus On U.S. Economy
WTI oil gains ground as traders focus on the better-than-expected U.S. GDP Growth Rate report, which showed that the U.S. economy remained in good shape. If WTI oil manages to settle above the resistance at $75.50 – $76.00, it will head towards the next resistance level at $79.50 – $80.00.
Oil prices steady as markets weigh smaller US inventory draw, Libya risks
Brent oil futures expiring in October fell slightly to $78.62 a barrel, while West Texas Intermediate crude futures steadied at $74.57 a barrel by 20:54 ET (00:54 GMT). U.S. oil inventories saw a smaller than expected draw of 0.85 million barrels in the ...