Oil
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Forex
Oil market in wait-and-see mode – Commerzbank
Oil costs have largely remained unchanged in latest days, Commerzbank’s commodity analyst Barbara Lambrecht notes. US stock report exhibits a…
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Forex
OPEC doesn’t appropriate, however clarifies – Commerzbank
OPEC was the final of the three companies to current its month-to-month replace of its forecasts this week, Commerzbank’s commodity…
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Forex
WTI rises on Center East tensions and softer US Greenback
WTI crude extends beneficial properties for the second straight day, with spot value hovering under $67.00. WTI advances amid flaring…
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Forex
WTI Oil dips additional, approaching $65.00 on renewed fears about demand
Oil costs drop for the third consecutive day and strategy the $65.00 degree. The unsure world commerce outlook and the…
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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
WTI Oil hits contemporary multi-week highs above $68.00 amid looming sanctions on Russia
Oil appreciates additional as markets brace for US sanctions on Russian Crude. Sturdy commerce exercise information from China has eased…
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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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