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Oil price news: Oil holds drop as IEA casts demand warning, U S stocks surge

Oil price news: Oil holds drop as IEA casts demand warning, U S stocks surge
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Oil collapses into bear market as robust supply pressures OPEC+

Brent for January settlement added 0.1% to $77.52 a barrel.

United statesCity ofUnited kingdomSaudi arabiaHan zhong liangDaan struyvenOrganization of petroleum exporting countriesInternational energy agencyGoldman sachs group incTexas intermediatePetroleum exporting countriesSachs groupMore active january

Oil edges higher with focus on Israel-Hamas war, shaky demand

Brent for January settlement gained 0.5% to $85.43 a barrel at 11:24 a.m. in Singapore.

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Oil Prices Climb As Traders Await A Statement From The Fed

After posting a first monthly decline in four months, oil prices recovered slightly early on Wednesday morning as traders await a statement from the Fed.

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Oil Steadies as Israel-Hamas War Leaves Global Market On Edge

(Bloomberg) Oil traded in a narrow range, with Israel yet to launch its expected ground offensive of the Gaza Strip and the US stepping up efforts to prevent the crisis from becoming a regional conflagration.Most Read from BloombergIsrael Latest: Army Says Over 600,000 Gazans Have Fled SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarGlobal Markets Stabl

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