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Brent Crude Stabilizes Near Sixty Dollars Amid Sanctions and Global Glut

Brent Crude Stabilizes Near Sixty Dollars Amid Sanctions and Global Glut

Brent prices held steady at $60.15 as the market weighs fresh UK sanctions on Russian oil firms against a broad global surplus.

Brent Oil Closes Near Sixty Dollars Amidst Mounting Supply Risks

Brent Oil Closes Near Sixty Dollars Amidst Mounting Supply Risks

Brent crude settled at $60.11 per barrel as the market weighs a blockade of Venezuelan tankers against a broad global surplus.

Brent Crude Recovers Above 60 Dollars Following US Naval Actions

Brent Crude Recovers Above 60 Dollars Following US Naval Actions

Brent crude rose over 1.5 percent to $60.63 as a blockade on sanctioned oil vessels offsets surplus fears.

Brent Crude Slides Below $60 as Global Surplus Pressure Intensifies

Brent Crude Slides Below $60 as Global Surplus Pressure Intensifies

Brent crude dipped below the $60 mark, falling alongside WTI as the global supply surplus forecast and weak Eurozone demand continue to pressure the market.

Brent Crude Tracks WTI Lower Amid Eurozone Economic Weakness

Brent Crude Tracks WTI Lower Amid Eurozone Economic Weakness

Brent crude trades near $60.38, pressured by the global supply surplus forecast and continued weak industrial activity across the Eurozone.

Brent Crude Drifts Lower as Eurozone Economic Gloom Persists

Brent Crude Drifts Lower as Eurozone Economic Gloom Persists

Brent crude trades near $61, weighed down by weak European industrial data and ample global supply.

Brent Crude Struggles for Direction Amidst Mixed Global Signals

Brent Crude Struggles for Direction Amidst Mixed Global Signals

Brent crude is anchored by weak Eurozone data and stabilized shipping costs despite geopolitical tension.

Brent Crude Stabilizes After Steep Weekly Losses on Global Surplus Expectations

Brent Crude Stabilizes After Steep Weekly Losses on Global Surplus Expectations

Brent crude ended the week tracking a loss of over 3% near $61.39, pressured by the IEA's forecast for a record global surplus and soft European demand.