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Energy Market News

    Energy Market News

During the last session, the price of Brent crude oil fell below $ 50 per barrel. It was the summer of 2017 when the market saw such prices. Today, oil

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Brent continues to decline, falling to 58.8 US dollars

    Brent continues to decline, falling to 58.8 US dollars

Oil is still falling, as there are no reasons for the price normalization yet. WTI has updated the annual minimum, while Brent has fallen below the November level of the

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Oil grows because of the data demonstrating US stock reduction

    Oil grows because of the data demonstrating US stock reduction

Oil price was rising during the trading session on Wednesday. The reason for the growth was the data on the fuel reserves in the United States. February contracts of Brent

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Oil becomes cheaper again due to the upcoming meeting of OPEC+

    Oil becomes cheaper again due to the upcoming meeting of OPEC+

Once again oil has shown a drop. Investors are waiting for the meeting of the OPEC+ members in Vienna, which is scheduled for early December. The January contracts of Brent

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Oil price is rising after the 6-week fall

  Oil price is rising after the 6-week fall

Oil started the week with a good growth. However, experts say that it is not worth waiting for a serious

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Oil grows due to the news about declining supplies from Saudi Arabia

  Oil grows due to the news about declining supplies from Saudi Arabia

At the beginning of the week, the main oil benchmarks began to grow due to the reports of Saudi Arabia

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Morgan Stanley lowered oil price outlook

  Morgan Stanley lowered oil price outlook

Morgan Stanley has changed the oil price forecast for Brent and WTI benchmarks for the next year, because the supply

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Oil started falling due to the likelihood of the reduced demand

  Oil started falling due to the likelihood of the reduced demand

The oil market shows the negative dynamics against the background of a possible reduction in demand, which happened due to

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Oil rose to $ 81 because of the conflict between the States and Saudi Arabia

  Oil rose to $ 81 because of the conflict between the States and Saudi Arabia

Oil has shown the growth due to increased tensions between the United States of America and Saudi Arabia. The disappearance

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Michael helped oil rise to $ 84.3 per barrel

  Michael helped oil rise to $ 84.3 per barrel

The hurricane contributed to the price rise for black gold. Because of it, it’s possible to decline oil production in

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