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24 Jul 2026 · 19:03 GMT+3
16

Oil: Supply risks keep prices elevated – BNY

BNY’s Geoff Yu notes that Brent has retreated slightly below $100 but remains supported by renewed Middle East tensions, Red Sea and Strait of Hormuz disruptions, and Kazakhstan’s export halt. Institutional flows show high-conviction re-accumulation of energy exposure from a still-depleted base.

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