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Oil Prices Flat Amid Weak US Demand, Softening Economy

Summary by WTVB

By Katya Golubkova TOKYO (Reuters) -Oil prices were flat on Thursday, cooling from the previous session as weak demand in the United States and broad oversupply risks countered concern over attacks in the Middle East and Russia’s war in Ukraine. Brent crude futures were up 1 cent, or 0.01%, at $67.50 a barrel by 0156 GMT, and U.S. West Texas Intermediate crude futures added 2 cents, or 0.03%, to $63.69. The benchmark contracts gained more than $…

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CNBC

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Oil prices flat amid weak U.S. demand, softening economy

Oil prices were flat Thursday, cooling from the previous session.

2 days ago·United States

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New Strait Times

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Oil prices flat amid weak US demand, softening economy

TOKYO: Oil prices were flat on Thursday, cooling from the previous session as weak demand in the United States and broad oversupply risks countered concern over attacks in the Middle East and Russia's war in Ukraine.

2 days ago·Malaysia

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Energy News for the United States Oil & Gas Industry | EnergyNow.com

Oil Prices Ease on Oversupply and Weaker US Demand - Energy News, Top Headlines, Commentaries, Features & Events

Summary IEA expects oversupply to increase with OPEC output boost EIA reports bigger than expected rise in oil stocks US consumer prices data due later on Thursday (Reuters) – Oil prices held steady on Thursday as worries over softening U.S. demand and broad oversupply risks were offset by concerns over attacks in the Middle East ...

2 days ago

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Business Recorder

Oil prices fall nearly 2% on oversupply and weaker US demand

Brent crude futures down $1.13, or 1.7%, at $66.36 a barrel

2 days ago

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aletihad.ae

Oil Prices Stabilize Amid Weak Demand

Oil prices steadied on Thursday amid weak U.S. demand and the prospect of widespread supply increases. Brent crude futures rose 1 cent, or 0.01 percent, to $67.50 a barrel by 0156 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 2 cents, or 0.03 percent, to $63.69. The Energy Information Administration said U.S. crude oil inventories rose by 3.9 million barrels in the week to September 5, compared with expectations for a draw of 1 mill…

2 days ago

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Sada El balad

Oil Prices Rise following Israeli Strikes against Hamas in Qatar

Brent Crude futures had gained 99 cents, or 1.87%, reaching $67.37 per barrel, while WTI crude also rose by 98 cents, or 1.5%, settling at $63.60 per barrel.

2 days ago

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