North Sea Oil cools off as war shock abates


NEW YORK: A vital hub of the physical oil market is showing signs of softening – the first such pull-back since prices spiked after Russia’s invasion of Ukraine.

On Monday a cargo of Brent Blend oil traded at a premium of 90 US cents (RM3.80) a barrel to Dated Brent in a pricing window organised by S&P Global Commodity Insights.

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Oil and gas , Brent , WTI , Ukraine , Russia

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