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USCommodity Brent Oil Fund LP ETF News

$32.73
+0.0500 (+0.153%)
At Close: Apr 26, 2024
Oil traders are shifting their focus from geopolitical tensions to traditional fundamentals, supported by OPEC+ capacity.
Amrita Sen, founder and research director of Energy Aspects, says it is unlikely the US will "strongly" enforce new oil sanctions on Iran given the upcoming presidential election. "I think all sanctio
Amid falling geopolitical risks and a spike in U.S. inventories, oil and natural gas prices face downward pressure, reshaping market forecasts.
Oil prices fell at Asia's open on Monday, dragged down by a renewed focus on market fundamentals, as Israel and Iran played down the risks of an escalation of hostilities in the Middle East after Isra
Next week, despite geopolitical risks, the lack of supply disruption may keep oil prices subdued, even with seasonal demand.
Investors seem to believe that Israel's limited retaliatory strike has provided Iran with an off ramp to refrain from counterattacking.
There was a time when violence in the Middle East led to big spikes in oil prices, but that's not what's happened despite the volley of attacks between Israel and Iran that threaten to plunge the oil-
New political developments could might curb some of oil supply.
Crude oil prices surge early then hang on for a small gain, as the market stabilizes amid new sanctions, OPEC+ policies and regional tensions.
The broader market has been in flux with the tech-heavy S&P 500 (^GSPC) down for the last trading week. Recent geopolitical tensions in the Middle East haven't been the sole detractor from 2024's mark
Bob McNally, Rapidan Energy Group Founder & President, joins 'Closing Bell Overtime' to talk the state of the energy markets as Middle East conflicts push oil higher.
Oil markets pulled back from session highs as reports indicated that Israel's response to the recent Iran's attack was carefully measured.
Oil prices briefly surged Friday morning in the wake of Israel's reported airstrike on Iran, and then quickly dropped following Iran state media's apparent downplaying of those strikes, as conflict in
Jan Stuart, Piper Sandler global energy economist, joins 'Money Movers' to discuss how Stuart is thinking about the oil markets, the precedence for flareups of tension, and more.
Investors can't seem to get enough of commodities or the companies that mine them lately. That's no surprise given the bullish news on the geopolitical, inflation, and supply/demand fronts.
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