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FEC News – Sunday, August 3, 2025: Brent around $73; Asia Becomes Main Market for Russian Oil Exports
... changes related to oil and gas prices. Amid global economic uncertainty, the price of Brent oil has reached $73 per barrel. Increased attention to the Asian market is... ... American refineries are operating at very high capacity, and fuel imports from Europe and Canada have sharply increased on the East Coast. In June, the U.S. imported around 100... ... declines.
Outlook: Factors to Watch
Monetary Policy.
Future decisions by leading central banks (primarily the U.S. Federal Reserve and the ECB) regarding interest rates and...