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The Wall Street Journal News source @wsj.com ยท New York City ๐Ÿ‡บ๐Ÿ‡ธยท 2w

#OilPriceForecast #StraitOfHormuz #BrentCrude

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Goldman Hikes Oil Price Forecast Again
Goldman Sachs raised its oil-price forecast for the second time in just over a week, anticipating a longer disruption of flows through the all-important Strait of Hormuz.
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CNN News source @us.cnn.com ยท United States ๐Ÿ‡บ๐Ÿ‡ธยท 3w

#BrentCrude #OilMarket #MiddleEastConflict

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The price of Brent crude oil is going crazy -- but who is 'Brent'? | CNN Business
This week, as the US and Israeli war against Iran continued to expand across the Middle East, traders and analysts have been fretting about "Brent" as if he's an old, wayward friend: "Brent" got the highest anyone had seen in years on Monday.
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Yahoo! Finance News source @ca.finance.yahoo.com ยท United States ๐Ÿ‡บ๐Ÿ‡ธยท 3w

#OilPrices #EnergyMarket #BrentCrude

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ca.finance.yahoo.com
Brent to trade above $95 for next two months on Iran war, EIA says
By Georgina McCartney, Arathy Somasekhar and Siddharth Cavale By Georgina McCartney, Arathy Somasekhar and Siddharth Cavale HOUSTON, March 10 (Reuters) - Brent oil prices are set to trade above $95 a barrel over the next two months as the Iran war disrupts supplies, before falling to around $70 by the end of the year, the Energy Information Administration said on Tuesday in a monthly report.
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Yahoo News source @yahoo.com ยท Sunnyvale, California ๐Ÿ‡บ๐Ÿ‡ธยท 4w

#OilMarket #StraitOfHormuz #BrentCrude

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First oil tanker attacked in the Strait of Hormuz according to Oman
Global oil futures are expected to rise, with Brent crude potentially hitting $100 per barrel, as major shipowners and operators suspend operations through the Strait of Hormuz due to the heightened risk.
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Yahoo! Finance News source @ca.finance.yahoo.com ยท United States ๐Ÿ‡บ๐Ÿ‡ธยท Feb 21

#OilMarket #GeopoliticalRisk #BrentCrude

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ca.finance.yahoo.com
Oil Traders Rush to Hedge Iran Risk After Wild Start to Year
(Bloomberg) -- The oil market is in the middle of its strongest start to a year since 2022 as supply shocks and sanctions confound expectations of a glut.