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The price of oil could hit $120 a barrel by early 2025, according to Citi. That's according to the bank's bull case, which assumes conflict in the Middle East escalates.
Oil plunged more than 6%. their biggest daily drop in more than two years after an expected Israeli retaliatory strike against Iran over the weekend spared the country’s petroleum infrastructure.
West Texas Intermediate crude rose more than 3.5% to settle at $76.57 per barrel while Brent crude futures , the international benchmark price, briefly hit $80 before settling at $79.76, the ...
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Among the newly sanctioned ships, 143 are oil tankers that handled more than 530 million barrels of Russian crude last year, about 42% of the country's total seaborne crude exports, Kpler's lead ...
NEW YORK (Reuters) -Oil prices eased about 1% to a one-week low on Tuesday on demand worries following the release of negative economic news from Germany and China, while investors remained ...