A surge in United States crude gains made oil exports change the face of the global market and how oil is priced. This is with the price of U.S. crude gaining weight against other benchmarks. This is what traders and analysts have observed this year. Now, as Europe became a major destination for U.S. oil […]
https://www.rangerminerals.com/wp-content/uploads/2023/08/2023-08-07_szyk2r85ye.jpg300718Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-08-09 08:00:562023-09-28 07:59:12U.S. Crude Gains Weight Against Global Oil Benchmarks
Global oil prices strongest run have gained more than 16% since late June. Moreover, it is heading for their fifth-straight week of gains. It is the longest rally since before Russia’s full-scale invasion of Ukraine upended energy markets. The price of Brent crude, the global benchmark, ticked down 0.1% to $84 a barrel in Friday. […]
https://www.rangerminerals.com/wp-content/uploads/2023/08/ScreenHunter-2895.png497868Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-08-03 08:00:132023-09-28 07:59:36Why Oil Prices Strongest Run Since Before Russia Invaded Ukraine
Oil prices were steady on Friday but on track for a fifth straight week of gains. This is with investors optimistic healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets has been fuelled by growing expectations. The expectation is that central banks are nearing the end of policy tightening […]
https://www.rangerminerals.com/wp-content/uploads/2023/07/oil-trackcnbc.jpeg523929Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2023-07-29 08:00:062023-09-28 08:00:03Oil on Track for Fifth Week of Gains
U.S. Crude Gains Weight Against Global Oil Benchmarks
IndustryA surge in United States crude gains made oil exports change the face of the global market and how oil is priced. This is with the price of U.S. crude gaining weight against other benchmarks. This is what traders and analysts have observed this year. Now, as Europe became a major destination for U.S. oil […]
Why Oil Prices Strongest Run Since Before Russia Invaded Ukraine
IndustryGlobal oil prices strongest run have gained more than 16% since late June. Moreover, it is heading for their fifth-straight week of gains. It is the longest rally since before Russia’s full-scale invasion of Ukraine upended energy markets. The price of Brent crude, the global benchmark, ticked down 0.1% to $84 a barrel in Friday. […]
Oil on Track for Fifth Week of Gains
IndustryOil prices were steady on Friday but on track for a fifth straight week of gains. This is with investors optimistic healthy demand and supply cuts will keep prices buoyant. Risk appetite in wider financial markets has been fuelled by growing expectations. The expectation is that central banks are nearing the end of policy tightening […]