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Brent Oil - Oil Slides on Profit-Taking, Weak Chinese Data

16-12-2024 01:11

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 ...

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Oil Slips as Lackluster Chinese Data Weakens Demand Outlook

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 ...

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Oil Prices Start the Week Lower on Profit-Taking

Oil prices have declined slightly due to profit-taking, but geopolitical tensions and a potential Fed rate cut could push prices higher.

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Natural Gas and Oil Forecast: WTI, Brent Hold Steady as Supply Concerns Loom

WTI and Brent prices hold steady amid supply concerns and rate cut expectations. Will buyers sustain momentum?

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China's crude oil imports rebounded in November, but so did storage flows

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.

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