Crude oil futures fell for the day and the week, ahead of the OPEC+ weekend meeting where the group is widely expected to keep production cuts in place after Q2
Oil futures fell as U.S. crude stocks dropped, but builds in gasoline inventories and a drop in gasoline demand raised concerns about fuel consumption.
Nymex Overview : Futures Mixed Before OPEC Meeting; Products Eye Weekly Loss -- OPIS marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Crude oil futures fell as concerns over weak US gasoline demand and economic data that could lead to longer-lasting higher interest rates by the US Federal Reserve.
Goldman Sachs hikes oil demand outlook, sees peak at least a decade away (NYSEARCA:USO) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.