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- Oil prices continued their slide on Tuesday on skepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness. Extending losses from a four-month low reached on Monday, Brent crude futures settled down 84 cents US, or more than one per cent, at $77.52 US a barrel.
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Jun 4, 2024 · Oil prices continued their slide on Tuesday on skepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.
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Global oil prices set for 4th weekly decline amid demand concerns. Oil prices remained on course for a fourth successive weekly decline as signs of weak growth in global fuel demand...