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Will oil prices go down in 2024?
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Jun 4, 2024 · Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.
Jun 12, 2024 · In May, global observed onshore oil inventories swelled for a second consecutive month as lacklustre demand met with robust oil supply. Preliminary, albeit incomplete, data show oil stocks rising by 48.2 mb last month, led by the United States and China.
Jun 4, 2024 · The average gasoline price in the United States declined 5.8 cents per gallon to $3.50 per gallon on Monday, according to GasBuddy data. The U.S. government will release inventory...
Jun 4, 2024 · The recent decline in oil prices is not a sign that the U.S. economy is heading for a recession — with the downward trend instead considered positive for stocks, according to DataTrek Research.
Jun 2, 2024 · Oil has dropped over the past two months as geopolitical risks ebbed and demand showed signs of weakening. Evidence of a softening physical market has also arisen, with Brent’s prompt spread ...
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May 30, 2024 · Oil prices fell for the second consecutive session on Thursday, after the U.S. government reported weak fuel demand in the country and a surprise jump in gasoline and distillate fuel...
Nov 30, 2023 · The 37th OPEC and non-OPEC Ministerial Meeting will be held on 1 June 2024 in Vienna. The reaction is clear - oil prices are falling rapidly as the market had been led to expect 1 million...
