Oil prices dropped 1.5% due to declining Chinese demand and potential easing of Middle East tensions, with Brent and WTI crude ending the week lower.
WTI crude
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Oil prices rise slightly on robust US GDP growth, but concerns over Asia’s economic outlook limit gains. The market balances optimism with caution amid uncertainties.
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Oil prices surge as investors anticipate potential US interest rate cuts, sparking optimism about economic growth and increased demand for oil.
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:** Oil prices fall as the dollar strengthens following critical remarks from former President Trump, reflecting market reactions to geopolitical uncertainties.
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Oil prices dropped for the third straight session due to a strong U.S. dollar and global economic concerns. Brent crude fell to $72.45 per barrel, while WTI crude dropped to …
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Oil prices witnessed a dramatic decline on Monday, June 3rd, marking their steepest one-day drop in several months. This comes amidst a confluence of factors, including a mixed decision by …
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Oil Markеt Rеacts to OPEC+ Mееting Postponеmеnt Thе global oil markеt еxpеriеncеd a noticеablе dip, with pricеs falling about 1% on Thursday. This downturn is attributеd to thе anticipation that …
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The escalating violence between Israel and Hamas has triggered a surge in oil prices, as fears of a wider regional conflict and potential disruptions to oil supply loom large. Brent …
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Oil prices rose for a third consecutive session on Monday, reaching their highest levels since November, as Saudi Arabia and Russia extended their supply cuts and China’s economic recovery boosted …