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Lates News
18/07/2026
Barclays maintains its unchanged average price forecasts for Brent crude in 2026 and 2027 at $96 per barrel and $85 per barrel, respectively.
Latest
3 m ago
Market news: The Bank of Mexico announces the results of the government debt swap, in order to extend the debt maturity.
6 m ago
Market news: E& successfully completed the sale of Vodafone shares, realizing a cash profit of $5.95 billion.
11 m ago
Market news: Chevron has signed an agreement with the Iraqi Kirkuk Oil Company to advance negotiations on the exploration area of the Nasiriyah Oil Field and its surroundings.
11 m ago
Market news: BRB has announced that negotiations with Quadra Capital have ended.
16 m ago
With the United States expanding its military strikes against Iranian targets and Iran launching attacks on neighboring Gulf countries, crude oil futures saw double-digit gains this week. Another factor causing heightened concerns is the possibility of Houthi armed forces in Yemen taking action to block shipping in the Red Sea; in the event of the closure of the Strait of Hormuz, Saudi Arabia has been rerouting its crude oil exports through the Red Sea. Barclays analyst Amarpreet Singh stated in a report, "With inventories at their lowest levels in recent years and most strategic oil reserves already released, the escalating situation around the 'red line' in that strait has brought significant upside risks to energy prices. As things stand, we believe that the market is still underestimating the potential impact on inventories."
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