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Latest Articles in oil prices

Oil Extends Losses As Weak Demand Outlook Lingers

China's central bank cut lending rates to revive demand as the nation's economy slowed unexpectedly in July, with factory and retail activity squeezed by Beijing's zero-COVID policy and a property crisis

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Oil Drops As China Data Weighs

The central bank in China, the world's largest crude importer, cut lending rates to revive demand as data showed the economy slowing unexpectedly in July, with factory and retail activity squeezed by Beijing's zero-COVID policy and a property crisis

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Oil Prices Back Up Near $100 Per Barrel, On Track For Weekly Gain

Brent was on track to climb more than 4% for the week, recouping part of last week's 14% tumble, its biggest weekly decline since April 2020

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Oil Edges Lower As Supply Disruption Concerns Ease

Oil prices slipped in Asia on Thursday after gaining more than USD one in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand

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Oil Steadies As IEA Hikes 2022 Demand Growth Forecast

Meanwhile, physical oil prices around the world have begun to sag alongside futures, reflecting easing concerns over Russian-led supply disruptions and heightened worries about a possible global economic slowdown

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Oil Falls On Demand Concerns, Greater Supply

Monthly oil reports from the International Energy Agency (IEA) and the Organization of the Petroleum Exporting Countries (OPEC) are expected later today

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Oil Bounces As China, US Data Ease Recession Concerns

Both contracts settled higher on Friday after jobs growth in the United States, the world's top oil consumer, unexpectedly accelerated in July. On Sunday, China also surprised markets with faster-than-expected growth in exports

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Oil Prices End Week On Multi-month Lows On Recession Fears

Oil traders this week have fretted about inflation, economic growth and demand, but signs of tight supply kept a floor under prices

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Oil Prices Fall By 1% Over Fuel Demand Worries Ahead Of OPEC+ Meeting

Oil prices fell about 1% in early trade on Wednesday before paring some losses, ahead of a meeting OPEC+ producers on fears of a slowdown in global growth hitting fuel demand and a firmer dollar

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Oil Prices Slip As Weak Manufacturing Data Stokes Recession Fears

Oil prices edged lower on Tuesday, extending losses from the previous session, as investors worried about global oil demand following weak manufacturing data in several countries

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Monsoon Rains Dampen India's July Fuel Demand

Gasoline and gasoil sales by Indian state refiners in July fell from a month earlier as monsoon rains restricted mobility and construction work while high inflation curtailed overall demand for goods, preliminary sales data shows

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Oil Prices Slip Ahead Of OPEC+ Meeting

Oil prices dropped early on Monday as investors braced for this week's meeting of officials from OPEC and other top producers on supply adjustments

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Oil Slides 2% On Rising US Fuel Stocks And Output

Oil prices slid about 2% on Wednesday as a rise in U.S. gasoline and distillate inventories and worries about slower economic growth around the world offset ongoing concerns about tight crude supplies

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Oil Rises For Second Day On Supply Tightness Concerns

Market sentiments are swaying between the concerns about the supply-side instability and the expectations for weaker fuel demand under the downward pressure of global economy

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Oil Steady As Market Juggles Fed Hike With Supply Fears

Oil futures have been volatile in recent weeks as traders have tried to reconcile the possibilities of further interest rate hikes, which could limit economic activity and thus cut fuel demand growth, against tight supply from disruptions in trading of Russian barrels because of Western sanctions amid the Ukraine conflict

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