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Browsing: Brent vs WTI
Even partial solutions require months. Reversing pipeline flows, building temporary loading facilities, arranging overland transport – none happen quickly during…
Daily Light Crude Oil Futures West Texas Intermediate (WTI) crude futures jumped as high as $77.62 before retreating, closing well…
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Russia presents the biggest unknown. Moscow can add 500,000 barrels but needs high prices to fund its war machine. The…
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Chinese teapot refineries provide the wildcard. These independent processors lack strategic reserves and sophisticated hedging. They’ll pay any price to…
An escalation in Israel-Iran tensions could trigger a wider regional conflict, potentially sending crude oil prices above $80. A lasting…
Short covering intensified the move. Hedge funds had built record short positions betting on continued weakness from Chinese demand concerns.…
Initial Target Reached An initial key upside target zone from $68.79 to $68.98 has been defined on the chart for…
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Traders Focus On Middle East Tensions
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