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

OILPRICE - Economy
StanChart: Bearish Oil Glut Narrative Fades as Brent Breaks $70
source : OILPRICE ( Middle East ) () 84
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…

Hence then, the article about stanchart bearish oil glut narrative fades as brent breaks 70 was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( StanChart: Bearish Oil Glut Narrative Fades as Brent Breaks $70 )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Alstom welcomes Martin Sion as Chief Executive Officer, succeeding Henri Poupart-Lafarge
ٍٍٍSaudi Gazette - before 10 hours & 35 minute
Latham Further Expands Global Real Estate Practice and Interdisciplinary Data Center Team
PR Newswire - before 9 hours & 26 minute
Iraq Is Running Out of Time to Move Its Oil — And Every Option Is Dangerous
OILPRICE - before 6 hours & 15 minute
Oil Price Shocks Make Brazil Key to Energy Security in the Americas
OILPRICE - before 9 hours & 12 minute
Anthropic Expands Use of Google Cloud and TPUs
PR Newswire - before 6 hours & 16 minute
In HelloNation, Dermatology Expert Dr. Hannah Pederson Explains How Daily Habits Affect Eczema Flare-Ups and Skin Health
PR Newswire - before 10 hours & 35 minute
Cisco Appoints Pete Shimer to its Board of Directors
PR Newswire - before 8 hours & 18 minute
Why the Power Boom Could Break the Grid
OILPRICE - before 8 hours & 20 minute
Freeway to Convene 50+ Startups, Investors and State Leaders at AZ Tech Week Flagship Event on April 10
PR Newswire - before 7 hours & 41 minute
Can This Tiny Island Give Trump The Full Victory He Wants Over Iran?
OILPRICE - before 11 hour & 13 minute
Used Semi-Trailer Market Improves Despite Downward Truck Market Trends and Rising Fuel Prices
PR Newswire - before 10 hours & 53 minute
The Iran War Has Finally Exposed Japan’s Achilles Heel
OILPRICE - before 4 hours & 8 minute


Latest News

transcosmos adds a new feature for collecting frontline logistics information to trans-logiManager, its logistics DX solution

before 15 minute

AIxCrypto Co-CEO Jerry Wang Shares Weekly Investor Update: AI Agent Development and Internal Testing Progress

before 33 minute

Lebih dari Sekadar Eksposur Media: PR Newswire Hadirkan Jaringan Distribusi Kredibel yang Semakin Luas di Asia Pasifik

before 2 hours

ACE Safety: Sungrow PowerKeeper Achieves Industry-First Triple UL 9540A Certification

before 2 hours & 15 minute

Pentagon-Linked REalloys Secures U.S. Rare Earth Supply Ahead of China Ban

before 3 hours & 13 minute

The End of Expensive Training: Ember Sports Introduces Mobile-First Platform for Baseball and Softball

before 3 hours & 17 minute

The Iran War Has Finally Exposed Japan’s Achilles Heel

before 4 hours & 8 minute

SerpApi Files Motion to Dismiss Reddit's Amended Complaint

before 4 hours & 31 minute

The Inner Circle acknowledges Cheryl L. White as a Pinnacle Professional of the Year

before 4 hours & 52 minute

When diamonds aren’t forever – value of missing gem claims ‘up by a third’

before 5 hours & 2 minute

Kidnapped U.S. journalist believed alive in militia’s Iraqi stronghold

before 5 hours & 23 minute

Oil Supply Shock Ripples Through Fertilizer, Plastics, and Tech

before 5 hours & 25 minute

Iraq Is Running Out of Time to Move Its Oil — And Every Option Is Dangerous

before 6 hours & 15 minute

Anthropic Expands Use of Google Cloud and TPUs

before 6 hours & 16 minute

California’s Battery Boom Is Rewriting Power Markets

before 7 hours & 25 minute