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20.03.26 - 10:48
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Ölpreise auf hohem Niveau stabilisiert (Moneycab)
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Die Ölpreise haben den jüngsten Höhenflug vorerst gestoppt. Am Morgen wurde Rohöl der Sorte Brent bei etwa 109 US-Dollar gehandelt und damit etwa auf dem gleichen Niveau wie am Vorabend....
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20.03.26 - 09:06
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Oil Market Faces ′Higher for Longer′ Risk: Saxo Bank (Bloomberg)
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Ole Hansen, commodity strategy head at Saxo Bank, discusses the impact of the ongoing conflict in the Middle East on energy markets as oil heads for another weekly gain. Speaking on Bloomberg Television, Hansen says everything "points to a higher for longer" scenario. "It will take time to get that supply back, so higher for longer seems to be the risk right now," he adds. (Source: Bloomberg)...
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20.03.26 - 08:36
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Rühl: US Almost Out of Options to Keep Oil Price Low (Bloomberg)
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Attacks on oil and gas infrastructure in the Arabian Gulf have escalated in the past two days. After a rebuke from President Trump, Israel says it will no longer target energy assets after its attack on an Iranian gas field sparked retaliatory strikes, cause oil and gas prices to surge.
Crystol Energy Global Advisor, Christof Rühl, says the US is running out of methods to keep the oil price low if the Strait of Hormuz isn't reopened. He spokes to Joumanna Bercetche on Horizons Middle East and Africa. (Source: Bloomberg)...
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20.03.26 - 08:36
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Orban Announces Will Block All EU Measures For Ukraine Until Oil Transit Restored (ZeroHedge)
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Orban Announces Will Block All EU Measures For Ukraine Until Oil Transit Restored
Hungary remains one of the lone Ukraine-skeptic EU/NATO members which actually has a lot of leverage, resulting in bolder and bolder pronouncements being issued by Hungarian Prime Minister Viktor Orbán of late.
He has newly made clear this week that Hungary will block all EU summit decisions in Ukraine's favor until oil Russian flows resume. There's ongoing controversy centered on the contested Druzhba pipeline and the central European nation's vital flows from Russia.
"We would like to get the oil, which is ours, from the Ukrainians, which is now blocked by the Ukrainians, I did not support any kind of decision here, which is in favor of Ukraine ... [as long as] the Hungarians are not able to get the oil which belong to us," Orbán stated.
Obran has already blocked a proposed €90 billion ($103 billion) loan for Ukraine as well as efforts to slap new sanctions on Moscow, despite the pleadings, pre...
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20.03.26 - 08:36
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Demand destruction fears rise after Iran war drove up oil and gas prices; UK government borrowing jumps – business live (The Guardian)
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Rolling coverage of the latest economic and financial newsBritain's government borrowed more than expected last month, new data shows.The difference between total public sector spending and income widened by £2.2bn year-on-year in February, to £14.3bn.“Borrowing was higher than the same month last year and was the second-highest February figure on record. While receipts were up on last year, that was outweighed by a rise in spending, including the later timing of some debt interest payments.“However, across the first eleven months of this financial year as a whole, borrowing was down, as receipts increased by more than spending.” Continue reading......
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