Energy
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Forex
IEA surprises with considerably increased oil manufacturing from Saudi Arabia – Commerzbank
The Worldwide Vitality Company has barely lowered its forecasts for oil demand. It expects a rise of 700,000 barrels per…
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Forex
US sanctions in opposition to Russia postponed for now – Commerzbank
Yesterday, the worth of Brent crude oil climbed above $71 per barrel for the primary time for the reason that…
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Forex
China's excessive crude Oil imports are additionally flowing into stockpiling – Commerzbank
China’s crude Oil imports had been once more robust in June: in response to customs authorities, 49.9 million tons had…
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Forex
Speculators load up on Brent, Gasoil – ING
Speculators sharply boosted their internet lengthy positions in ICE Brent and gasoil futures final week, pushed primarily by new lengthy…
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Forex
EIA expects no additional enhance in US crude oil manufacturing – Commerzbank
The US Vitality Data Administration (EIA) has revised its forecast for US crude oil manufacturing additional downwards, Commerzbank’s commodity analyst…
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Forex
Russia exports much less crude oil regardless of a hike in manufacturing goal – Commerzbank
In response to Bloomberg knowledge, Russia’s seaborne crude oil exports fell to a mean of three.12 million barrels per day…
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Forex
OPEC+ doesn’t intend to extend oil manufacturing additional after September – Commerzbank
OPEC+ is more likely to enhance oil manufacturing once more in September after which take a pause, based on Bloomberg,…
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Forex
WTI stabilizes above $67 as EIA cuts US output forecast, geopolitical dangers persist
WTI Crude Oil trades close to $67.00 as value consolidates in a well-defined vary. EIA cuts 2025 US manufacturing outlook,…
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Forex
Oil falls whereas pure gasoline rallies – ING
Oil costs got here underneath stress yesterday with ICE Brent settling greater than 2.2% decrease, taking it again beneath US$70/bbl.…
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Forex
Pure fuel jumps on gentle storage construct – ING
US pure fuel futures surged after the EIA reported a smaller-than-expected stock construct, with storage rising simply 53bcf versus forecasts…
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Forex
WTI Crude Oil edges decrease amid sturdy provide and diminishing demand expectations
WTI Crude Oil edges decrease as studies affirm sturdy provide. Crimson Sea assaults and rising geopolitical dangers might proceed to…
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Forex
WTI Crude Oil rises as Purple Sea assaults overshadow EIA stock construct
WTI stays supported as Houthi insurgent assaults within the Purple Sea escalate. The EIA report reveals a shock construct in…
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