-- Oil traded near a two-month high after breaking out of its recent trading range on an escalation in tensions in the Middle East and concerns over the rapid start to the Atlantic hurricane season.BlackRock Deal to Make Preqin’s Founder Richer Than Larry Fink
Oil is cementing last month’s gains, as OPEC+ keeps supply in check and travel picks up in the northern hemisphere summer, with traders likely to keep a close eye on gasoline demand around Thursday’s US Independence Day holiday. Concerns over a struggling recovery in China — the biggest crude importer — are likely to limit price increases.
Oil prices move a notch higher Monday ahead of the July Fourth weekend and the broader summer driving season. Could geopolitical tensions in the Middle East and seasonal factors push crude oil even higher? Lipow Oil Associates President Andy Lipow communicates oil market concerns around potential escalations in these Middle East conflicts and how OPEC+ can continue to constrain supply. "It's easy to see that OPEC+ has surprised the market before, they could do it once again.
Eva Amurri Claps Back at Critics 'Scandalized' by Her Breasts in Bustier Wedding Dress: See Her ResponseOnko sinulla usein vaikeuksia muistaa nimiä, tehtäviä ja...The mother of U.S. soldier and former NFL star Pat Tillman said she was “shocked” to hear Prince Harry, Duke of Sussex, would be the recipient of an annual award made in the name of her son, who was killed by friendly fire in Afghanistan in 2004.
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