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Oil prices hold near 2-week low
Oil prices end higher after tapping a 2-week low
Oil futures declined on Wednesday, with U.S. and global benchmark prices touching their lowest levels in about two weeks after a group of major oil producers lowered expectations for global demand growth.
Oil prices hold near 2-week low on gloomy demand outlook
(Reuters) -
Oil
prices
held 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. Brent futures were up 49 cents, or 0.68%, to $72.38 a barrel ...
Oil slips towards 2-week low on gloomy demand outlook
Oil prices slipped on Wednesday, trading near their lowest in two weeks, a day after OPEC lowered global oil demand growth forecasts for 2024 and 2025 and amid demand concerns in China. OPEC cited weakness in China,
11h
Oil prices edge down, forecasts for higher oil output, weak demand growth weigh
Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand ...
Crude Oil Prices
4h
Oil Prices Inch Higher on Supply Tightness
Oil prices have risen slightly due to tightening supply conditions, despite concerns about weakening global demand, ...
3h
Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, ...
2d
Oil Prices Steady Ahead of OPEC Report, China Stimulus Limit Gains
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...
2h
on MSN
Coca-Cola Is a Passive Income Powerhouse, but So Is This Cash-Gushing Oil Stock That Plans to Pay Over $11 Billion in Dividends by the End of the Year
Chevron is projected to pay around $11.8 billion in dividends in 2024, which is even more than well-known passive income ...
1d
on MSN
Biden admin touts job well done replenishing oil reserves despite depleting them by half over last 4 years
The Energy Department announced the end of replenishing the nation's strategic oil reserves, which were depleted by nearly ...
1d
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 ...
Investopedia on MSN
2d
Understanding the Correlation Between Oil and Currency
These heavier debt loads helped keep growth rates high until global crude
oil
prices
collapsed in 2014, dumping commodity ...
2d
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 ...
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