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Oil Prices Surge 2 Pecent on Weaker Dollar, Strong Demand Hopes, Supply Cuts

Published: July 11, 2023

Oil prices surge 2% on falling dollar, demand hopes, and supply cuts. Brent settles at highest since April, WTI at highest since May

Source: news18.com

Related Topics:

United StatesSaudi ArabiaCraig ErlamAmerican Petroleum InstituteOrganization Of The Petroleum Exporting CountriesFederal ReserveUs Energy Information AdministrationInternational Energy AgencyTexas IntermediatePetroleum Exporting CountriesInformation AdministrationOil PricesHigher DemandDeveloping WorldSupply CutsBrent FuturesTi CrudeEchnically OverboughtUllish StepS Diesel FuturesWeaker DollarSmall Business ConfidenceInflation DataInterest Rate OutlookTight Oil Market

Oil Prices Surge to 9-Week High on Supply Concerns

Published: July 7, 2023

Oil prices surge to a nine-week high as supply concerns and technical buying outweigh fears of interest rate hikes, driving demand for oil

Source: news18.com

Related Topics:

North SeaOceans GeneralGulf Of MexicoMexico GeneralAin SukhnaAs SuwaysSaudi ArabiaUnited StatesPhil FlynnCraig ErlamPrice Futures GroupOrganization Of The Petroleum Exporting CountriesGroup Inc Fedwatch ToolBaker Hughes CoTexas IntermediatePrice FuturesPetroleum Exporting CountriesEgyptian Red SeaBaker HughesOseberg EastFedwatch ToolOil Prices6 Week HighSupply ConcernsTechnical Buying