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ComMODITY: Oil remains calm

23/06/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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The price of oil has stood out as much for its stability as for its movements, in this new outbreak of violence in the Middle East.

Wall Street futures were up about 0.25% before the opening on Monday. European and Chinese markets were also up, while the Japanese Nikkei was an exception, with the weakness of the yen playing a role. American crude prices first exceeded $78 per barrel, a high since January, before falling back below Friday's closing threshold to below $74, more than $6 below the year's high, and 11% below the levels observed a year ago. Brent prices were also falling

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