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Global World News Oil Prices Fall As Reality Of Weak Global Demand Overtakes Risk Of Wider War In Middle East

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Global World News Oil Prices Fall As Reality Of Weak Global Demand Overtakes Risk Of Wider War In Middle East | RobinsPost News & Noticias

Global Oil Prices Steady as Weak Demand and Oversupply Pressure Persist


Oil prices remained largely unchanged early Thursday after closing at two-week lows in the previous session, weighed down by sluggish demand and an ongoing global supply glut. Brent crude futures ... Read More

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Year-to-date through November 4, global oil demand has risen 850,000 barrels per day, below growth of 900,000 bpd projected earlier by J.P. Morgan, the bank said in a client note. "High-frequency ... Read More

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Oil prices were largely flat early on Thursday, after settling at two-week lows in the previous session as pressure from weaker demand and a global oil glut continued to weigh on the market. Read More

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4 days Saudi Arabia Poised to Cut Oil Prices for Asia Amid OPEC+ Output Rise 5 days Oil Prices Fall for a Third Straight Month as OPEC+ Considers Boosting Output Global oil demand is set to rise ... Read More

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Oil prices drifted lower on Wednesday, caught in the undertow of a broader global market selloff and a strengthening US dollar. As traders weighed the implications of higher supply and uncertain ... Read More

Concerns of a Global Supply Glut and Weak Energy Demand Hammer Crude Prices


November WTI crude oil (CLX25) on Thursday closed down -1.30 (-2.10%), and November RBOB gasoline (RBX25) closed down -0.0349 (-1.85%). Crude oil and gasoline prices sold off on Thursday, with crude ... Read More

Oil prices fall ahead of Opec meeting


Brent crude fell below $114 a barrel today on expectations Opec may raise its production target this week and lingering concerns that a weak economic outlook will dent demand. Top oil exporter Saudi ... Read More


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