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The inflation report is great news for the prospect of a rate cut
the road, and builds momentum for multiple rate cuts this year...unchanged Here's what else happened today: Congress...win would do & ...
Business Insider via Yahoo
5 days ago
Oil Rises for Third Day on Improving Demand and Weaker Dollar
US inflation cooled broadly in June to the slowest pace since 2021, boosting bets that the Federal Reserve will start to reduce borrowing ...
Financial Post
5 days ago
- Brent crude has already gained about 55% for the year to date Oil prices climbed above $80 (£59) a barrel on Tuesday, hitting their highest level in three years as the pound slumped. Brent crude, the international benchmark, rose to as much as $80.69 on the day, the most since October 2018.
www.bbc.co.uk/news/business-58727437Oil price rises above $80 for first time in three years - BBC
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Dec 14, 2021 · Global oil demand is now set to rise by 5.4 mb/d in 2021 and by 3.3 mb/d in 2022, when it returns to pre-pandemic levels at 99.5 mb/d. Global oil production is poised to outpace demand from December, led by growth in the US and OPEC+ countries.
Nov 16, 2021 · Preliminary data for October point to a marginal stock build. Oil market drivers have begun to shift and benchmark crude prices are easing as a result. Brent crude futures were trading around $81/bbl, down from a high of more than $86/bbl in October.
Sep 14, 2021 · Concerns over the impact of rising Covid-19 cases on oil demand kept a lid on prices, however, with benchmark crudes falling month-on-month before edging marginally higher in early September. At the time of writing, Brent futures traded at around $73.80/bbl and WTI at $70.70/bbl.
After initially surging to multi-year highs in early July, benchmark crude oil prices have since eased. At the time of writing, Brent was around $75/bbl. Oil prices reacted sharply to the OPEC+ impasse last week, eyeing the prospect of a deepening supply deficit if a deal cannot be reached.
Sep 28, 2021 · Brent crude, the international benchmark, rose to as much as $80.69 on the day, the most since October 2018. Prices have been rising for seven consecutive days on the back of the energy crisis...
Mar 8, 2021 · The price of Brent crude, the international benchmark, briefly climbed above $70 a barrel on March 8th for the first time since May 2019. It dipped a little thereafter, to $68 on March...
Oil Price: Get all information on the Price of Oil including News, Charts and Realtime Quotes.
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