A decrease of the indicator value may contribute to the rise in quotes of NG, WTI, Brent.
Brent
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News Brent
A decrease of the indicator value may contribute to the rise in quotes of WTI, Brent.
Standard Chartered predicts the group will announce one final 411,000 barrel-per-day production increase at its August meeting. Oil markets will easily absorb extra supply in the short term.
According to a quarterly survey by the Federal Reserve Bank (Fed) of Dallas, US shale companies are set to drill fewer wells this year than initially planned as uncertainty over President Donald Trump's tariffs and lower oil prices hurt profits.
According to Bloomberg, oil prices fell after the market experienced its largest increase in two weeks. Traders' attention is drawn to the US trade negotiations with key partners, as well as the OPEC+ meeting.
Event announcement Brent
The CNY publication is expected
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