Oil Prices Steady Ahead of OPEC Report, China Stimulus Limit Gains
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ($1.40 trillion) debt package to ease local government financing strains, but analysts said it fell short of the amount of stimulus that would be needed to boost growth.
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
Amidst further uncertainties about global oil supply and demand with President Trump, OPEC+ may have to tweak their ...
Since July, OPEC has cut its demand growth forecasts by nearly 20%, mirroring a notable decline in crude oil prices.
China’s modest fiscal measures disappointed markets, but further stimulus aimed at countering U.S. trade restrictions could ...
OPEC lowered its global oil demand growth forecast for 2024 and 2025 for the fourth month in a row, citing weaker demand in ...
China’s slow demand growth and a firm U.S. dollar push oil prices lower. Explore how these dynamics impact natural gas and ...
Oil futures declined on Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued ...
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