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Oil Prices Dip as Rising U.S. Inventories Deepen Oversupply Fears

Oil prices edged lower as rising U.S. inventories, Chinese stockpiling, and new projections of a global supply surplus reinforced a bearish outlook for crude. Read More

Oil Prices Drop Dramatically on Oversupply Fears and U.S. Demand Risks

Crude oil futures posted a sharp weekly decline, pressured by a renewed wave of supply-side concerns and deteriorating demand outlooks. After reaching a seven-week high early in the week, WTI crude ... Read More

Oil Prices Stabilize as Traders Eye Trump-Xi Meeting

Oil prices stabilized slightly in Asian trade on Tuesday, recouping some losses from the prior week as hopes of a diplomatic thaw between Washington and Beijing helped to cool bearish sentiment. While ... Read More

Here’s what’s propping up oil prices after a recent drop to 5-month lows

Oil prices on Wednesday scored their biggest one-day gain in a month, as traders weighed how the recent drop in prices could keep a lid on the flow of global crude supplies. U.S. benchmark West Texas ... Read More

Ample Supply, Subdued Demand to Curb Oil Prices Despite Geopolitical Risks: Reuters Poll

(Reuters) -Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset geopolitical risks to supply, a Reuters poll showed on Friday. A ... Read More

Oil prices edge up on worries about Russian output, higher US demand

NEW YORK, Oct 8 (Reuters) - Oil prices edged up about 1% to a one-week high on Wednesday as traders expected a lack of progress on a Ukraine peace deal to keep sanctions in place against Moscow, while ... Read More