Tag: Brent crude
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Oil Markets in Turmoil: January 2026 Analysis of Iran and Venezuela Tensions
Overview: A Turbulent Start to 2026 The first weeks of January 2026 delivered a stark reminder that geopolitics remains a decisive driver of crude markets. As tensions around Iran and Venezuela escalated, traders priced in potential disruptions to global oil supplies. Brent crude rose by roughly $6 per barrel in the opening stretch of the…
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January 2026 Analysis: Oil Markets React to Iran and Venezuela Tensions
Overview: Turbulent Beginnings to 2026 The first weeks of January 2026 brought renewed volatility to global energy markets as geopolitical tensions surrounding Iran and Venezuela intensified. Brent crude rose sharply, signaling traders’ concern about potential disruptions to two major oil export streams. While the broader macroeconomic picture remained mixed, the immediate focus turned to the…
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Oil Prices Rise on US Inventory Draw, Venezuela in Focus
Oil Prices Edge Higher After US Inventory Draw Oil prices traded higher on Thursday, snapping two days of declines, as a larger-than-expected draw in U.S. crude inventories provided buoyancy for traders. The market was also scanning developments in Venezuela, where political and economic factors could influence supply dynamics. Brent crude rose in early trading, seeking…
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FTSE 100 Slips as Gold Pullback and Easing Geo- tensions Weigh on London Markets
FTSE 100 Faces a Mixed Morning as Gold and Defence Stocks Retreat The London market started Friday with modest declines as gold prices pulled back from their recent highs and investors weighed the impact of easing tensions in the Middle East on defence stocks. The FTSE 100 hovered around the 9,500 level, with sentiment cautious…