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Oil prices hold near 2-week low
Oil prices hold near 2-week low after OPEC cuts demand view, dollar rises
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U.S. dollar and disappointment over China's latest stimulus plan.
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 read.
Oil prices post first gain in 3 sessions, but demand concerns prevail
Oil futures rose Tuesday, bouncing after back-to-back losses that sent the U.S. benchmark back below the $70-a-barrel threshold.
2d
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
Hosted on MSN
1d
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 ...
9h
Oil prices end higher to pare some of the week's losses
Oil futures settled higher for a third session in a row on Thursday, but that wasn’t enough to shake off their losses for the week so far, with prices for ...
Crude Oil Prices
2d
OPEC Oil Production Jumps by 470,000 Bpd as Libyan Output Returns
OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.
10h
on MSN
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
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