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Oil prices slipped early Monday as traders took profit from last week and the latest batch of Chinese data disappoints. Brent crude was down 0.4% to $74.17 a barrel, while WTI fell 0.6% to $70.88 a ...
Oil slipped after a weekly advance as a slew of economic data from China reinforced concerns over weakening demand in the biggest importer. Most Read from BloombergHong Kong's Expat Party Hub Reshaped ...
Oil prices have declined slightly due to profit-taking, but geopolitical tensions and a potential Fed rate cut could push prices higher.
WTI and Brent prices hold steady amid supply concerns and rate cut expectations. Will buyers sustain momentum?
China's crude oil imports in November hit a 14-month high, but much of the additional volume is likely to have ended up in storage as refinery processing remained subdued.