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Brent price grows up to $ 40.12 per barrel due to signals of reduction production

    Brent price grows up to $ 40.12 per barrel due to signals of reduction production

Brent crude oil price has increased today, WTI crude oil is in equilibrium. Both assets have finished the week with the growth (for six weeks  in a row). The reason

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Serious drawdown of oil quotes

    Serious drawdown of oil quotes

Today, oil is actively declining. A very significant increase in the reserves of “black gold” in the United States caused this drop. Moreover, the fears that Russia will not reduce

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Oil market: correction after fall

    Oil market: correction after fall

Yesterday, there was a drop of quotations in the energy market. Today, the assets are slightly adjusting in spite of the information about an additional reduction in production. At 7.50

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Oil recovers after yesterday’s fall

    Oil recovers after yesterday’s fall

As of 8 a.m. (Moscow time), July contracts for the European Brent crude oil have grown by $ 0.17 (0.57%) to $ 29.89 per barrel. We recall that yesterday, the

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Energy Market News

  Energy Market News

Today’s session began for “black gold” with a fairly significant decline in quotations. The asset is getting cheaper because the

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Oil recovers due to the news about drilling stop in the US

  Oil recovers due to the news about drilling stop in the US

This week, “black gold” seems to get crazy. Oil futures of the American WTI crude oil have shown negative values.

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Confusion in oil markets leads to the drop of Brent prices

  Confusion in oil markets leads to the drop of Brent prices

What is happening in the energy market today is nothing but agony. The fall in demand and the catastrophic lack

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Negative prices of WTI May futures

  Negative prices of WTI May futures

And again, before our eyes, interesting precedents are being created and textbooks on economics are being rewritten! For the first

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WTI drops below 15 dollars per barrel

  WTI drops below 15 dollars per barrel

Monday will become part of the trading history. The fact is that today, May futures for WTI oil have fallen

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Brent recovers after yesterday’s fall

  Brent recovers after yesterday’s fall

Yesterday, oil quotes fell to two-week lows, but today the energy market is showing the expected correction. At 8:15 Moscow

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