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  1. 1 day ago · Brent oil futures expiring in September steadied at $82.38 a barrel, while West Texas Intermediate crude futures rose slightly to $81.41 a barrel by 21:07 ET (01:07 GMT). Strong US GDP, rate cut ...

  2. 6 hours ago · July 25, 2024 at 7:24PM EDT. (Bloomberg) -- Oil headed for a third weekly loss as weakness in Chinese demand pressured prices, offsetting support from lower US stockpiles. West Texas Intermediate traded near $78 a barrel after a two-day advance, although that wasn’t enough to outweigh declines earlier in the week. Brent crude closed near $82.

  3. 4 hours ago · Brent crude futures for September rose 7 cents to $82.44 a barrel by 0014 GMT. U.S. West Texas Intermediate crude for September increased 4 cents to $78.32 per barrel. In the second quarter, the U.S. economy grew at a faster-than-expected annualised rate of 2.8% as consumers spent more and businesses increased investments, Commerce Department data showed.

  4. 11 hours ago · Oil Rebounds to Settle Above $78. CL1! WTI crude oil futures recovered from earlier losses to settle at $78.28 per barrel on Thursday, supported by stronger-than-expected US economic growth and decline in crude inventories. US GDP grew at an annualized pace of 2.8%, surpassing forecasts of 2.1%, which raised bets for Fed interest rate cuts in ...

  5. 5 hours ago · By Laila Kearney. (Reuters) - Oil prices were up slightly on Friday on stronger-than-expected U.S. economic data that raised investor expectations for increasing crude oil demand from the world's largest energy consumer. But concerns about soft economic conditions in Asia's biggest economies, China and Japan, capped gains.

  6. 1 day ago · Goldman Sachs expects oil prices to take a hit of as much as $11 per barrel next year as a result of weaker demand and GDP in a scenario where the U.S. imposes an across-the-board tariff of 10% on ...

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  8. 7 hours ago · GBP/USD technical outlook. Cable has declined -1.5% and counting from last week’s 52-week peak near 1.3045, and the pair is on pace to close in the red for five of the last six straight trading ...

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