
FGE sees Brent crude potentially climbing to $120-$150 per barrel if prolonged Middle East disruptions remove more oil from the global market, with physical crude already trading at elevated levels.

FGE sees Brent crude potentially climbing to $120-$150 per barrel if prolonged Middle East disruptions remove more oil from the global market, with physical crude already trading at elevated levels.

Oil prices reversed early gains after officials indicated that a diplomatic agreement could be reached soon. Markets expect a deal to ease tensions and restore oil movement through the Strait of Hormuz.
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