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Latest Articles in brent crude
Oil Prices Rise For Fourth Week In Row As Supply Becomes Scarce
Brent crude futures rose USD 1.43 or 1.8 per cent, to settle at USD 81.07 a barrel, with a weekly gain of about 1.2 per cent and US West Texas Intermediate crude ended USD 1.42 or 1.9 per cent, higher at USD 77.07 a barrel, its highest since 25 April
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Oil Prices Slide In Asian Trade Amid Economic Concerns And Potential Interest Rate Hikes
Brent crude futures dropped by 20 cents, or 0.3 per cent, to USD 75.21 a barrel at 0044 GMT, following a 0.8 per cent increase on Friday
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Oil Prices Surge As Failed Mutiny In Russia Raises Concerns Of Supply Disruption
Brent crude futures experienced a 1.3 per cent increase, rising by 95 cents to reach USD 74.80 a barrel by 2300 GMT on Sunday
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Oil Prices Dip As Concerns Over China's Economy Overshadow OPEC+ Cuts
Brent crude settled down by 48 cents, or 0.6 per cent, reaching USD 76.13 per barrel, while US West Texas Intermediate (WTI) crude dropped by 49 cents, or 0.7 per cent, to USD 71.29 at 1935 GMT
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Crude Oil Edges Up Amid Supply Cut Concerns
Analysts said further sell offs in oil markets could see OPEC+ intervene to support prices by collectively reducing their output
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Crude Oil Prices Trading Down; Brent Slips $89.03/bbl
Brent crude futures slipped 12 cents, or 0.1 per cent, to USF 89.03 a barrel at 0051 GMT, after rising 1.3 per cent
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Oil Prices Climb On Hopes Of China Demand Recovery
Brent crude futures were up $1.15, or 1 per cent, at $113.08 a barrel at 0042 GMT, while U.S. West Texas Intermediate (WTI) crude futures climbed $1.62, or 1.4 per cent, to $114.02 a barrel, paring some losses after oil prices fell by around 2 per cent in the previous session
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Oil Jumps 4% As U.S. Gasoline Prices Hit Record High
Brent futures rose $4.10, or 3.8 per cent, to settle at $111.55 a barrel. U.S. West Texas Intermediate (WTI) crude rose $4.36, or 4.1 per cent, to settle at $110.49
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Oil Prices Hit Near 3-week Highs On Supply Fears Amid Deepening Ukraine Crisis
U.S. West Texas Intermediate futures rose $1.00, or 0.9%, to $107.95 a barrel, having gained to as high as $108.55, the highest since March 30
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Oil Futures Open Higher On IEA Warning On Russian Supplies
Front-month Brent crude futures were up about 66 cents, or 67 per cent, to $98.68 a barrel at 1222 GMT, while U.S. West Texas Intermediate (WTI) crude was up 84 cents, or 86 per cent, to $95.86 a barrel
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Will Surging Oil Prices Accelerate Energy Transition?
The answer is probably no as these high prices will also drive more drilling of oil and gas around the globe, as fossil fuel companies rush to cash in, sowing the seeds for the boom to turn to bust. That will make oil abundant and affordable again
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The Economic Fallout Of Putin’s Misadventure In Ukraine
Vladimir Putin’s self-conceived notion of his appointment with history will profoundly impact the global economy with higher inflation, a surge in energy prices, volatility in markets, and the basic tenets of globalisation being challenged
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Government Assessing Tax Cut Option Amid Soaring Crude Oil Prices
The Prime Minister's Office is believed to have conveyed to the finance ministry to assess current excise levels, CNBC TV18 reported
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India To Release 5 Mn Barrels Of Crude Oil From Strategic Reserves To Cool Prices
India stores about 38 million barrels of crude oil in underground caverns at three locations on the east and west coast.
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Rupee Rises 16 Paise Against US Dollar In Early Trade
The rupee had settled at 75.03 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.04 per cent to 93.84.
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