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.
Oil prices steadied on Tuesday, recovering from a 5% drop over the previous two sessions, as investors absorbed OPEC's latest ...
China’s weak oil demand has already thrown OPEC+ off track in its supply-management policies. Trump's energy policies could ...
Since July, OPEC has cut its demand growth forecasts by nearly 20%, mirroring a notable decline in crude oil prices.
(Reuters) - Oil prices were little changed on Tuesday, awaiting further price direction from OPEC's monthly report, while ...
China’s slow demand growth and a firm U.S. dollar push oil prices lower. Explore how these dynamics impact natural gas and ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
Oil prices were edging higher in early trade but still face significant downward pressure. There is little to alleviate ...
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