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Oil prices rose today, March 12, with Brent crude approaching $70, amid expectations of a decline in global inventories and the impact of trade tensio ...
Crude oil prices rebounded following sharp losses, driven by a revised EIA outlook, a shift in IEA rhetoric, and reports of rebounding Asian imports, despite an estimated US crude oil inventory build.
Commodities Analysis by ING Economic and Financial Analysis (Warren Patterson) covering: Intercontinental Exchange Inc, US Dollar Index Futures, Brent Oil Futures, Crude Oil WTI Futures. Read ING ...
Global oil inventories are likely to fall in the second quarter of this year, leading to a rise in Brent crude prices, but as OPEC+ unwinds its output cuts, prices are likely to decline late in 2025 ...
Oil prices rose 1% on Tuesday, helped by weakness in the U.S. dollar, although gains were capped as concerns mounted over a U.S. slowdown and the impact of trade tariffs on global economic growth.