[ad_1] Crude prices saw a modest 1% increase, reaching a five-month peak. This surge was fueled by anticipations of rising oil demand, prompted by upbeat economic updates from both the U.S. and China, on Monday. Additionally, global supplies faced constraints due to OPEC+ production cuts and assaults on Russian refineries. Brent futures climbed by 73 cents (0.8%) to $87.73 per barrel, while U.S. West Texas Intermediate (WTI) crude rose…
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[ad_1] Oil prices were little changed on Tuesday, March 26 as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks while a slightly weaker US dollar offered some support. Milestone Alert! Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more. Unlock a world of Benefits! From insightful newsletters…
Read More »[ad_1] Brent crude futures for May were down 68 cents, or 0.8 per cent, to $85.27 per barrel after dropping by 1.6 per cent on Wednesday. US West Texas Intermediate futures for May were down 69 cents, or 0.9 per cent, to $80.58 per barrel after a fall of about 1.8 per cent in the previous session, according to Reuters. Coming to domestic prices, crude oil futures were trading…
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