Oil prices head for weekly fall on bets for a ‘looming surplus’, soft China demand
Oil futures declined on Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued ...
Oil moves lower, with U.S. prices down by over 3% for the week
Oil prices have fallen against a backdrop of a “looming surplus, even as the U.S. appears headed for a soft landing,” said Michael Lynch, president of Strategic Energy & Economic Research. He pointed ...