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Oil dips, but posts weekly gain on solid 2024 demand outlook

Oil futures prices settled slightly lower on Friday (Jun 14) after a survey showed deteriorating US consumer sentiment, but prices rose 4 per cent for the week as investors weighed forecasts for solid demand for crude oil and fuel in 2024.

Israel generalUnited statesSakhalinskaya oblastJohn evansBarbara lambrechtBob yawgerInternational energy agencyOrganization of the petroleum exporting countries opecUs energy information administrationBaker hughesUs commodity futures trading commissionWest texas intermediateInformation administrationPetroleum exporting countriesFutures trading commission

Oil climbs on 2024 stock forecasts, reinforced US rate cut bets

Oil climbs on 2024 stock forecasts, reinforced US rate cut bets
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

United statesTamas vargaInternational energy agencyOrganization of the petroleum exporting countries opecFederal reserveUs energy information administrationTexas intermediateInformation administrationPetroleum exporting countries

Oil settle slightly up on forecasts for strong global demand

Oil settle slightly up on forecasts for strong global demand
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Israel generalUnited statesRed seaDjibouti generalSaudi arabiaTim evansEuropean central bankAmerican petroleum instituteWorld bankOrganization of the petroleum exporting countries opecUs energy information administrationInformation administrationTexas intermediatePetroleum exporting countriesPhilip laneMiddle east

Oil prices up 3% to one-week high on hopes of higher summer fuel demand

Oil prices up 3% to one-week high on hopes of higher summer fuel demand
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United statesEuropean parliamentGoldman sachsUs energy information administrationOrganization of the petroleum exporting countries opecInternational energy agencyTexas intermediateFrench president emmanuel macronPetroleum exporting countriesInformation administration

Oil rises as Fed rate-cut optimism offsets demand fears

Oil rises as Fed rate-cut optimism offsets demand fears
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United statesSaudi arabiaJennifer granholmJohn kilduffDennis kisslerOrganization of the petroleum exporting countries opecUs energy information administrationFederal reserveStrategic petroleumAmerican petroleum instituteTexas intermediateInformation administrationMemorial dayPetroleum exporting countriesPrince abdulazizStrategic petroleum reserve