StanChart: Bearish Oil Glut Narrative Fades as Brent Breaks $70

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مدعوم بالذكاء الاصطناعي
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Oil prices surged to their highest level in months due to potential US strikes on Iranian military positions, with Brent crude breaking the $70 per barrel mark for the first time since July 2025.

تأثير السوق

Market impact analysis based on bullish sentiment with 85% confidence.

المشاعر
Bullish
ثقة الذكاء الاصطناعي
85%
الأفق الزمني
قصير الأجل

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Oil prices surged to their highest level in months in Wednesday's session after reports emerged that U.S. President Donald Trump is weighing targeted strikes on Iranian military positions as he pursues regime change. Brent crude for March delivery was up 3.63% to trade at $70.92 per barrel at 12.40 pm ET, marking the first time Brent has crossed the pivotal $70 per barrel mark since July 2025, while the corresponding WTI contract gained 3.72% to $65.49. Unrest in the OPEC-producing country has left thousands dead, with a U.S.-based rights group…

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المقال الكامل على OilPrice.com
قراءة المقال الكامل
المقال الأصلي منشور بواسطة OilPrice.com في يناير 30, 2026.
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