ABU DHABI / WAM The Ministry of Energy and Infrastructure (MoEI) organised the third edition …
Read More »Oil climbs with supply curbs, strong equities lifting market
Bloomberg Oil rose, following back-to-back weekly declines, as broader markets rallied. With headline prices largely range-bound over the past couple of weeks, the more significant market moves have been in the structure of the oil futures curve. Brent’s second-month contract is the most expensive versus a month later in more than a year. That formation — known as backwardation — …
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