Brent Futures Eye $66.80 Breakout as Kazakhstan Tengiz Field Shutdown Extends

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Oil production at Kazakhstan’s Tengiz field will remain offline for another 7-10 days, halting exports via the Caspian Pipeline Consortium and tightening global crude supplies. Brent futures have formed a higher low and are testing resistance at $66.80, suggesting a bullish breakout that could boost related ETF performance.

Sources

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