Tag: Markets

LNG Daily: Market Analysis

Enthusiasm over the possibility of a rate cut from the US Federal Reserve and trade optimism helped drive a major rally in crude oil prices. Oil prices closed at $62.30/bbl for Brent and $54.19/bbl for WTI.

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LNG Daily: Market Analysis

Incidents involving tankers in the Gulf of Oman sent Brent prices up more than 4 percent early Thursday, though markets cooled somewhat by the close. Oil prices closed at $61.33/bbl for Brent and $52.16/bbl for WTI.

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