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Oil prices hold near 2-week low
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 worries over demand from China — the world’s largest crude importer — setting prices up to post a loss for the week.
Oil prices hold near 2-week low on gloomy demand outlook
Oil prices were little changed, trading near their lowest in two weeks on Wednesday, a day after OPEC downgraded its forecast for global oil demand growth in 2024 and 2025 and amid demand concerns in China.
Oil prices edge up slightly amid OPEC demand cut forecast
Oil prices on the New York fuel exchange are slightly rising, but they remain close to this month's lowest levels. Brokers say investors are focused on the fuel demand outlook after OPEC countries lowered their oil demand growth forecasts for this and next year.
7h
Oil prices settle higher but stay on track for a weekly loss
Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back ...
4d
Crude oil prices today: WTI is trading at $68.42
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors ...
Crude Oil Prices
2d
Oil Prices Inch Higher on Supply Tightness
Oil prices have risen slightly due to tightening supply conditions, despite concerns about weakening global demand, ...
1d
on MSN
Oil dips on bigger-than-expected US crude stockbuild, oversupply concerns
Oil prices edged lower on Thursday, as rising U.S. crude inventories added to concerns of oversupply, while the dollar's ...
3d
Brent Oil Prices Steady Despite OPEC Demand Forecast Cut, Where To Next?
Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...
Crude Oil Prices
9d
EIA Confirms Inventory Builds Across the Board
Crude
oil
prices
were under pressure this morning after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 1. This compared with ...
businesstech.co.za
13h
Here is the expected petrol price for December
A volatile rand and weak demand for oil are lining South African motorists up for a chaotic drive to the finish for fuel ...
1d
Daily on Energy: COP29 latest, electricity prices rise, and Diablo Canyon embraces AI
Good afternoon readers, we are halfway through the week! With Congress back in session, Callie and Maydeen kick things off ...
11h
on MSN
Oil set for weekly loss on uncertainty around Fed rate cuts, China demand fears
Oil prices fell on Friday as investors weighed signs demand in top crude importer China continues to underperform amid the ...
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