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1. • Largely rangebound

     • Oil prices have remained largely rangebound over the last month as bullish and bearish factors continue to counterbalance each other.
     oilprice.com/Energy/Energy-General/Oil-Prices-Remain-Rangebound-Despite-OPEC-Cuts.html

     Oil Prices Remain Rangebound Despite Extension of OPEC+ Cuts

2. People also ask

   Are crude oil prices rangebound in August?

   • Crude oil prices have remained rangebound in August as hedge funds go gradually short. The prices of the global benchmark Brent are trading around $85 per barrel, and WTI is just north of $81 per barrel as August comes to a close.

   Oil Prices Remain Rangebound End-August As Hedge Funds Go ... - For…

   www.forbes.com/sites/gauravsharma/2023/08/31/oil-prices-remain-rangebound-end-august-as-hedge-funds-go-gradually-short/

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   Are crude prices still rangebound in 2024?

   • Friday, May 17th 2024 Crude prices continue to trend within a very narrow range, confined within $82 and $84 per barrel over the course of May, and despite this week’s improving macroeconomic outlook Brent futures continue to be rangebound.

   Oil Prices Remain Rangebound but a Breakout May Be Coming

   oilprice.com/Energy/Energy-General/Oil-Prices-Remain-Rangebound-but-a-Breakout-May-Be-Coming.html

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   Are hedge funds changing their minds about crude oil prices?

   • According to Reuters' data, hedge funds and other money managers revised their views on crude oil prices by adjusting their positions in 29 million barrels via futures and options contracts in the week ending August 22, 2023.

   Oil Prices Remain Rangebound End-August As Hedge Funds Go ... - For…

   www.forbes.com/sites/gauravsharma/2023/08/31/oil-prices-remain-rangebound-end-august-as-hedge-funds-go-gradually-short/

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   Will a slowdown in inflation spark a breakout in oil prices?

   • Oil prices have remained rangebound this month, but falling inventories and a slowdown in U.S. inflation could provide the spark for a breakout. Friday, May 17th 2024

   Oil Prices Remain Rangebound but a Breakout May Be Coming

   oilprice.com/Energy/Energy-General/Oil-Prices-Remain-Rangebound-but-a-Breakout-May-Be-Coming.html

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3. oilprice.com › Energy › Energy-GeneralOil Prices Remain Rangebound but a Breakout May Be Coming

   oilprice.com › Energy › Energy-General

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   May 17, 2024 · Oil prices have been rangebound throughout May, but promising inflation data and falling U.S. crude inventories may soon spark a rally.

4. oilprice.com › Energy › Energy-GeneralOil Prices Remain Rangebound Despite A String Of Predictions

   oilprice.com › Energy › Energy-General

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   Mar 7, 2023 · Despite months of rumors regarding a rebound in global oil demand, oil prices are decidedly range-bound at the moment as they await a major development to break through resistance.

5. oilprice.com › Energy › Energy-GeneralOil Prices Remain Rangebound Despite Extension of OPEC+ Cuts

   oilprice.com › Energy › Energy-General

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   Mar 8, 2024 · The flatlining of oil prices continued this week despite positive trade data coming out of China and impressive Indian oil demand, with a continued build-up in US crude inventories and...

6. www.forbes.com › sites › gauravsharmaOil Prices Remain Rangebound End-Aug As Hedge Funds Go ...

   www.forbes.com › sites › gauravsharma

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   Aug 31, 2023 · As crude oil trading for the month of August draws to a close, prices have remained stubbornly rangebound, with the global benchmark Brent trading around $85 per barrel, and the West Texas...

7. www.bloomberg.com › news › articlesLatest Oil Market News and Analysis for Jan. 16 - Bloomberg

   www.bloomberg.com › news › articles

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   Jan 15, 2024 · Still, prices remain in rangebound trading, swinging almost $2 on Tuesday, as traders assessed fundamentals. Brent futures settled slightly higher.

   • Author: Julia Fanzeres

   • Video Duration: 2 min

8. www.fxempire.com › forecasts › articleOil Prices Forecast: Rangebound Amid Demand Worries, Dollar ...

   www.fxempire.com › forecasts › article

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   Jan 24, 2024 · Light crude oil futures are currently range-bound, influenced by a balance in supply and demand news, as well as technical chart patterns. The market finds support at the 50-day moving average,...

9. www.bloomberg.com › professional › insights$80-$90 oil, OPEC+ stays whole, peak demand not close

   www.bloomberg.com › professional › insights

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   Apr 11, 2024 · Majority sees oil price rangebound in $70-$90 a barrel. Brent oil is expected to be above $80 a barrel at the end of 2024, according to 53% of survey participants — in line with our...