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...Brent crude prices advanced for the fourth session in a row, marking the longest positive run since September for the international oil benchmark....
...Brent peaked just below $100 a barrel in late September and has slipped since then despite the outbreak of war between Israel and Hamas....
...The owner of the Bullring shopping centre in Birmingham and Brent Cross in London reported the first rise in rent expectations since 2017, in the latest sign that the gloom over retail properties is lifting...
...Brent crude, the international oil benchmark, rose as much as 4.3 per cent to $80.75 a barrel, the highest level so far in 2024, before easing slightly....
...Jorge Leon at Rystad, an energy research firm, said he calculated the underlying price for Brent crude should be $83 a barrel without the current premium for geopolitical risk that is baked into markets....
...Oil prices jumped following the reports, with Brent crude retreating after touching $90 overnight. Brent crude is now trading at $88....
...Brent crude, the international oil benchmark, fell 4.6 per cent on Thursday — one of the biggest daily declines this year — to settle at $77.42 a barrel, below the $80 level at which government budgets start...
...Brent crude, the international benchmark, dropped more than 2 per cent to $79.89 a barrel in late afternoon trading in London before rebounding slightly to $80.42....
...Brent crude, the international benchmark, settled 1.4 per cent lower at $89.65 a barrel on Monday, while US marker West Texas Intermediate dropped 1.2 per cent to $86.65 a barrel....
...Futures for Brent crude, the international oil benchmark, rose to above $90 a barrel and then retreated to trade 1.3 per cent higher at $88.19....
...Oil prices fell sharply as concerns over a glut outweighed fears that supplies could be disrupted by a widening conflict in the Middle East....
...Oil markets shrugged off Israel’s retaliatory strikes against Iran after a shortlived price spike on Friday, in a sign of investors’ confidence that the action will not escalate into a broader conflict in...
...Futures for Brent crude, the international oil benchmark, rose as much as 4.2 per cent to $90.75 per barrel....
...BCA expects Brent crude to average $98 a barrel this year, with average prices exceeding $100 a barrel in the second half of 2024. This stability could rapidly change....
...Brent crude fell on Monday, dipping below $90 a barrel, after this weekend’s attack on Israel by Iran. Why is the oil market so relaxed in the face of escalating regional tensions?...
...European stocks sank in early trading on Friday amid a global sell-off after Israel launched retaliatory strikes against Iran....
...Brent crude, the international benchmark, was trading 0.3 per cent higher at 87.33 on Friday morning, having earlier jumped above $90 a barrel. The price remains below where it was on Monday....
...The US equivalent, West Texas Intermediate, fell 1.7 per cent to $82.76 a barrel....
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
...Brent crude, the international benchmark, settled up 1.8 per cent at $77.95 a barrel. The US equivalent, West Texas Intermediate, settled 1.5 per cent higher to $72.47....
...Brent crude, the international benchmark, is now down 0.4 per cent to $86.73 a barrel....
...Brent crude, the international benchmark, rose 2.7 per cent on Friday to a six-month high of $92.16 per barrel. The US equivalent West Texas Intermediate rose 3 per cent to $87.55....
...Oil prices jumped on news of the strikes, but have since eased and Brent crude is now down 0.6 per cent at $86.6....
...Brent crude, the international benchmark, fell 0.9 per cent to $90.34 per barrel. West Texas Intermediate, the US equivalent, dropped 1 per cent to $86.01 per barrel....
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