Gold and oil prices are under pressure due to a stronger US dollar and mixed economic data, with gold experiencing a decline after reaching a record high and oil potentially facing its second weekly loss.
Fears of a widening conflict in the Middle East are pushing oil prices higher as it could potentially involve major oil producing countries in the region.
BRN is under pressure after reaching above $85.00 level
BRN is consolidating below the $85.00 level amid the potential for interest rates to remain higher for longer in the US as well as in some of the Asian economies.
Brent may be set to book its 5 consecutive days of declines today, remaining under significant pressure following the higher than expected (1.83M - actual vs -2.55M - expected) EIA crude stock change reading.
Gold and oil prices are under pressure due to a stronger US dollar and mixed economic data, with gold experiencing a decline after reaching a record h...
Fears of a widening conflict in the Middle East are pushing oil prices higher as it could potentially involve major oil producing countries in the reg...
BRN is consolidating below the $85.00 level amid the potential for interest rates to remain higher for longer in the US as well as in some of the Asia...
Brent may be set to book its 5 consecutive days of declines today, remaining under significant pressure following the higher than expected (1.83M - ac...
Crude Oil
Brent
OPEC+
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