Oil futures brent oil futures dipped slightly to
Brent oil futures dipped slightly to $82.55 as a correction in speculative longs unfolded. Market-watchers believe fundamentals remain resilient enough to support a rebound in the near term. He is expected to join the ranks of Viktor Orbán of Hungary and Robert Fico of Slovakia, whose countries have refused to provide military aid to Ukraine , continue to import Russian oil and oppose sanctions on Russia. This statistic was assembled from multiple sources. Data for Brent was taken from Börse Frankfurt , WTI prices were taken from BNN Bloomberg , and information on the OPEC basket was published by OPEC . All prices are for front-month future contracts. Whenever a public holiday fell on a Monday, Tuesday prices were considered for all benchmarks for consistency. Brent oil futures slipped marginally to $82.45 amid reports of increasing Russian export flows. Analysts warn that higher supply in the short-term could temper price rallies unless demand growth outpaces projections.
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