WTI July crude oil futures closed down $1.24, or 1.71%, to $71.29 a barrel. Brent crude oil futures for August closed down $0.99, or 1.29%, at $75.96 a barrel.
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Brent Crude Oil
Brent crude oil futures are contracts that allow traders and investors to buy or sell a set amount of Brent crude oil at a predetermined price and date in the future. Brent crude oil is one of the most widely used benchmarks for oil prices worldwide and is extracted from the North Sea.
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Oil futures contracts are agreements to purchase or sell a certain quantity of oil at a designated future date and price. Futures contracts provide an opportunity for investors to hedge…
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Crude oil is one of the most essential commodities in the global economy, with its price influencing various sectors and markets worldwide. Brent crude oil, in particular, serves as a…
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June 2, Economies analysts’ latest views today: Brent crude oil prices rose strongly yesterday, breaking through 74.30 and stabilizing above it, which stopped the near-term downside forecast and guided prices…
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On June 1, Economies.com’s analysts’ latest opinion today: Brent oil prices fell further yesterday, falling below the first target of 72.05 and reaching the 71.55 area. Affected by the bullishness…
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Oil futures trading is a dynamic and lucrative market that allows investors to speculate on the future price of oil. Understanding the closing times of oil futures is crucial for…
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