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Latest Articles in brent crude oil

Oil Rises On Vaccine Rollout, Concern On Iraq Oilfield Attack

Oil prices were also supported by some nervousness after two wells at a small oilfield in northern Iraq were set ablaze in what the government called a "terrorist attack", though production was not affected.

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Oil Edges Lower After Jump In US Stockpiles, Vaccine Hopes Capping Losses

Brent crude futures slipped 13 cents, or 0.3%, to $48.71 a barrel by 0151 GMT, having gained 5 cents the previous day. U.S. West Texas Intermediate (WTI) crude futures dropped 15 cents, or 0.3%, to $45.45, after shedding 16 cents on Tuesday.

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Oil Slips As Gloom Grows Over Soaring COVID-19 Cases, Lockdowns

U.S. West Texas Intermediate (WTI) crude futures fell 18 cents or 0.4%, to $45.58 a barrel at 0153 GMT, while Brent crude futures fell 24 cents, or 0.5%, to $48.55 a barrel. Both benchmark contracts lost around 1% on Monday.

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Oil Falls On Surging Virus Cases And US-China Tensions

Brent crude fell 36 cents, or 0.7%, to $48.89 a barrel by 1112 GMT. U.S. crude was down 39 cents, or 0.8%, at $45.87.

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Oil Prices Jump After OPEC+ Inks Supply Compromise

Brent was up $1.04, or 2.1%, at $49.75 a barrel by 0555 GMT after gaining around 1% on Thursday. West Texas Intermediate rose 84 cents, or 1.8% to stand at $46.48 a barrel.

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Oil Prices Drop On US Stock Build, Delay In OPEC+ Meeting

Brent crude oil futures were down by 27 cents, or 0.6%, at $47.15 a barrel by 0131 GMT, while West Texas Intermediate crude was down by 29 cents, or 0.7%, at $44.26.

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OPEC+ Yet To Find Compromise On Oil Policy For 2021

OPEC+ is now considering rolling over existing cuts of 7.7 million barrels per day, or around 8% of global demand, into the first months of 2021

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Oil Prices Rally Further On Vaccine Optimism Despite Inventory Rise

Brent crude was up 54 cents, or 1.1%, at $48.40 a barrel by 0247 GMT, having risen almost 4% in the previous session.

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Oil Prices Slip As Surge In Virus Cases Raises Concerns About Demand

Brent crude settled down 14 cents to $44.20 a barrel. U.S. West Texas Intermediate crude slipped 8 cents to settle at $41.74 a barrel.

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Oil Prices Slip As Surging COVID-19 Cases Overshadow Vaccine Hopes

U.S. West Texas Intermediate (WTI) crude futures were down 39 cents, or 0.9%, to $41.43 a barrel by 0039 GMT, after gaining nearly 1% on Wednesday. Brent crude was yet to trade, having risen 1.4% on Wednesday.

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Oil Prices Edge Up On Hopes OPEC+ Maintains Supply Curbs

Brent crude futures for January rose 27 cents, or 0.6%, to $43.05 a barrel by 0043 GMT while U.S. West Texas Intermediate crude for December was at $40.48 a barrel, up 35 cents, or 0.9%.

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Oil Falls As COVID-19 Spike Stokes Fuel Demand Fears; Still Set For Big Weekly Gain

US West Texas Intermediate (WTI) crude futures dropped 40 cents, or 1.0%, to $40.72 a barrel by 0118 GMT, having lost 0.8% on Thursday. Brent crude was down 36 cents, or 0.8%, at $43.17 a barrel, after dropping 0.6% on Thursday.

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Global Oil Demand Unlikely To Get Vaccine Boost Until Later In 2021, Says IEA

Brent crude fell 0.8% to $43.46 a barrel in early London trade, snapping three straight days of gains.

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Oil Keeps Climbing On Hopes OPEC+ Will Hold Back Supply As COVID-19 Cases Rise

Algeria's energy minister said on Wednesday that OPEC+ - grouping the Organization of the Petroleum Exporting Countries (OPEC) and other suppliers including Russia - could extend current production cuts of 7.7 million barrels per day (bpd) into 2021

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Oil Gains Nearly 3% On Vaccine Hopes, Even As Nations Reimpose Lockdowns

Brent crude futures settled up $1.21, or 2.9%, at $43.61 per barrel. U.S. West Texas Intermediate (WTI) crude futures gained $1.07, or 2.7%, to $41.36.

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