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Oil prices set to end week over 3% lower
Oil prices set to end week over 3% lower as supply risks ease
Oil prices fell on Friday, heading for a weekly drop of more than 3%, as concerns over supply risks from the Israel-Hezbollah conflict eased, alleviating earlier disruption fears. Brent crude futures fell 55 cents,
Geopolitical Uncertainties Set to Support Oil Prices
Geopolitical tensions and potential supply disruptions are supporting oil prices, but concerns about global demand growth and OPEC+'s production decisions create uncertainty for the market.
Oil prices head for 3% weekly decline
Oil prices fell today, heading for a weekly drop of more than 3%, pressured by easing concern over supply risks from the Israel-Hezbollah conflict and the prospect of increased supply in 2025 even as OPEC+ is expected to extend output cuts.
Oil prices settle up 1% at 2-week high as Ukraine war intensifies
Oil prices climbed about 1% on Friday, settling at a two-week high, as the intensifying war in Ukraine this week boosted the market's geopolitical risk premium.
Oil Prices Fall Ahead of OPEC+ Meeting
Oil prices fell after a U.S. inventory report showed a gasoline stockpile increase, with traders waiting for OPEC+'s decision on production cuts.
Oil heads for more than 3% weekly decline as supply risks ease
Brent crude was down 48 cents at $72.80 a barrel by 0930 GMT, while U.S. West Texas Intermediate crude futures fell 20 cents to $68.68
Oil settles down as ease of supply risks drives weekly loss
Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured by easing concern over supply risks from the Israel-Hezbollah conflict and the prospect of increased supply in 2025 even as OPEC+ is expected to extend output cuts.
1d
on MSN
Oil prices suffer November drop as Middle East fears ease, OPEC+ delays meeting
Oil futures fell Friday, booking weekly and monthly losses after a cease-fire this week between Israel and Iran-backed ...
2d
on MSN
Oil prices rise over accusations of breaches to Israel-Hezbollah ceasefire
Oil prices rose slightly on Friday following a potential renewal of supply risk as Israel and Hezbollah traded accusations of ...
8d
on MSN
Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Oil prices could drop to the low $60s by the end of 2026 if demand takes a hit from Trump's sweeping tariffs, Goldman Sachs ...
3d
Oil prices end mixed as attention turns to OPEC+ decision on crude production
U.S. and global benchmark crude prices settled mixed after a cease-fire between Israel and Iran-backed Hezbollah eliminated ...
4d
OPEC+ production cuts may support oil prices in near term, Goldman Sachs says
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest ...
U.S. News & World Report
4d
Oil Prices Steady Amid Focus on Israel-Hezbollah Ceasefire, OPEC+ Policy
TOKYO (Reuters) -
Oil
prices
steadied in early trade on Wednesday, with markets assessing the potential impact of a ...
12m
on MSN
Tariffs and you: What products will cost more, when prices will rise, and what to buy now
Mere talk of tariffs will spur some consumers to run out and buy big-ticket items, or stockpile smaller ones, on the theory ...
Marketplace
1d
One more thing to give thanks for: lower gas prices
A sluggish crude oil market, moderate global demand and healthy U.S. refining capacity have combined to drive down fuel costs ...
Crude Oil Prices
15h
A Looming Supply Glut Could Undermine the Offshore Oil Boom
Offshore oil projects are experiencing a boom, but a looming oil glut fueled by factors like surging electric vehicle sales ...
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