Oil slips
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Crude oil dips toward the 200-day moving average as rising U.S. inventories and tariff threats offset stronger oil demand from China and OPEC’s improved global outlook.
Despite a decrease by US crude oil inventories, the price of crude oil dropped for the third straight day on Wednesday amid fears
Oil slips for third day. Oil fell for a third straight session today, with the US benchmark depressed by brimming petroleum stockpiles, as the dollar jumped and Asian equities declined on investor ...
At the time of writing, WTI is trading above $65.00 with daily losses of 0.55%. Traders are digesting the latest supply guidance from the Organization of the Petroleum Exporting Countries (OPEC) and awaiting key US inventory data later in the day.
Oil Slips as OPEC Eyes Boost ... If OPEC+ approves the potential increase of 411,000 barrels a day when it meets on June 1, it will mark the third month in a row the cartel has agreed to boost ...
Oil fell for a third straight session today, with the US benchmark depressed by brimming petroleum stockpiles, as the dollar jumped and Asian equities declined on investor attempts to reduce risk ...
Oil Slips on Recession ... but gained for a third consecutive week after ... The measures could exacerbate an anticipated 200,000 barrel-per-day decline in Venezuelan crude oil ...