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Brent Oil - Oil prices remain under pressure after the OPEC policy change to increase oil production
18-06-2024 02:33
ICE Brent crude oil prices have been hovering around $80 to $90 per barrel since early February, supported by OPEC+ crude oil production cuts and conflicts in the Middle East. However, at the beginning of June,
Oil prices rise after booking best week since April as traders sift through China economic data
Oil prices are moving higher after snapping a three week losing streak. Traders are sifting through what mixed economic data out of China may mean for demand. Analysts are expecting summer fuel demand to draw down inventories and tighten the market.