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  • Oil on Edge as Markets weigh Poland Strike, Sluggish Demand

    Oil on Edge as Markets weigh Poland Strike, Sluggish Demand0

    Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while mixed U.S. inventory data and concerns over slowing Chinese demand also brewed more uncertainty in the market Crude markets were focused squarely on the North Atlantic Treaty Organization’s (NATO) response to a Russian-made missile killing

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  • Oil Prices Dip as Demand Outlook Worsens on China woes, OPEC Warning

    Oil Prices Dip as Demand Outlook Worsens on China woes, OPEC Warning0

    Oil prices fell in choppy trade on Tuesday and nursed steep losses this week as weak economic data from China brewed more concerns over worsening demand, although the prospect of smaller U.S. rate hikes and tightening supply helped limit losses. Crude markets plummeted at the beginning of the week after rising COVID cases in major

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  • Oil Extends Gains on China reopening Hopes, Tightening Supply

    Oil Extends Gains on China reopening Hopes, Tightening Supply0

    Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost the country’s crude demand, while looming curbs on Russian oil shipments also appeared set to tighten supply Crude prices closed last week lower, but rallied sharply on Friday after China said it will loosen some

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