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S03 Ep21 Energy Market Update: Oil prices remain rangebound despite recent news influence

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Oil prices remained stable last week despite significant news, with Brent holding around $65/b amid OPEC+ discussions and Trump's comments on EU trade. Bearish factors may lead to further declines if trade talks falter. Meanwhile, gas and power prices in Europe have risen due to maintenance outages in Norway, pushing winter gas futures to their highest levels since early April.

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26 May 2025 English South Africa Business

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