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Rising Fuel Demand Is Driving Bullish Sentiment in Oil Markets

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Demand,Energy,Crude Oil

It appears that summer fuel demand is finally kicking in, boosting bullish sentiment in oil markets and pushing Brent above the $81 mark.

Bullish sentiment appears to be building in oil markets as summer demand for fuel kicks in, pushing Brent back above the $81 per barrel mark.- Supply disruptions have ratcheted up pressure on gas prices globally, with prices across Europe, Asia and the United States simultaneously edging higher to their highest in 2024 so far.

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Source: Financial Digest (financialdigest.net)

Demand Energy Crude Oil Oil Prices Brent WTI Sentiment

 

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