2025-08-22 16:39
Industry📈 Oil Prices Climb Amid Geopolitical Risks
📈 Oil Prices Climb Amid Geopolitical RisksOil edged higher on Friday as hopes for a swift Russia-Ukraine peace deal faded, boosting the risk premium and snapping a two-week losing streak.Brent crude rose to $67.79, WTI to $63.65, supported by larger-than-expected U.S. stockpile draws and anticipation of possible Fed rate cuts at the Jackson Hole conference.Geopolitical tensions, supply concerns, and strong demand are keeping markets on alert. Stay informed with Neex Market Insights.
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📈 Oil Prices Climb Amid Geopolitical Risks
| 2025-08-22 16:39📈 Oil Prices Climb Amid Geopolitical RisksOil edged higher on Friday as hopes for a swift Russia-Ukraine peace deal faded, boosting the risk premium and snapping a two-week losing streak.Brent crude rose to $67.79, WTI to $63.65, supported by larger-than-expected U.S. stockpile draws and anticipation of possible Fed rate cuts at the Jackson Hole conference.Geopolitical tensions, supply concerns, and strong demand are keeping markets on alert. Stay informed with Neex Market Insights.
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