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Oil Prices Extend Gains As Fundamentals Come Into Focus

Oil prices are set to post a third consecutive weekly gain, with Brent nearing $81 and WTI changing hands for $76.41. Bullish sentiment...
Energy

Oil Prices Remain Capped By Economic Concerns

By Michael Kern Oil prices are set for a second consecutive weekly gain but the upside remains limited due to continued economic concerns. UAE: Latest Output...
Energy

Oil Prices Diverge As Uncertainty Persists

Uncertainty is rampant in oil markets, with traders struggling to balance economic uncertainty with continued supply cuts and the rising cost of capital. ...
Energy

Oil Prices Fall As Fears Of A Global Economic Slowdown Grow

Oil prices continued to decline on Friday, with WTI falling below $69 and Brent below $73.50. Concerns of a global economic slowdown are...
Energy

Nigeria’s LNG Sales Slump Amid Security And Investment Challenges

By Michael Kern  Nigeria’s revenues from LNG exports declined in the first quarter of 2023 to the lowest in five quarters, due to security challenges...
Energy

OPEC+ Unlikely To Announce Additional Oil Output Cuts

By Tsvetana Paraskova The OPEC+ group is not expected to announce another round of oil production cuts when ministers meet this weekend, OPEC+ sources told...
Energy

Will OPEC+ Surprise The Market With Another Output Cut?

Saudi Arabia’s energy minister, Prince Abdulaziz bin Salman warned speculators again this week. Oil’s short positions are considerable, at 184 million barrels as...
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