A decrease of the indicator value may contribute to the rise in quotes of WTI, Brent.
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News Brent
A decrease of the indicator value may contribute to the rise in quotes of NG, WTI, Brent.
According to today's statements by head of the Russian oil company Gazprom Neft Alexander Dyukov, the strategic purchases of crude by the US and China will have a positive effect on the balance of oil supply and demand.
Alexander Novak, Russian Deputy Prime Minister, stated that OPEC+ should continue to increase oil output amid summer growth in consumption.
Despite the risks of possible supply disruptions, China's refineries, the largest buyers of Iranian oil, have not experienced significant challenges so far. One reason behind this resilience is the country's record-high oil reserve levels.
Event announcement Brent
The USD publication is expected
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