Breaking News: LCOc1 – Market Insights, Analysis & Latest Updates

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LCOc1

Oil prices rebound after weekly drop; demand woes, Middle East tensions in focus

Oil prices recover slightly after steep losses due to weak demand in China and Middle East tensions, but analysts maintain a bearish outlook for fundamentals amid global economic concerns.

investing.com • 21/10/2024 - 02:02 AM

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LCOc1

Oil prices steady but set for steep weekly losses on demand fears

Oil prices are steady but headed for their worst week since early September due to weak demand concerns, despite positive U.S. inventory data and Chinese GDP growth.

investing.com • 18/10/2024 - 04:40 AM

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LCOc1

Oil prices settle lower despite ongoing supply disruption concerns

Oil prices dipped due to Hurricane Milton's impact on production and Middle East tensions, despite potential Chinese stimulus and increased U.S. rig counts indicating a complex market sentiment.

investing.com • 11/10/2024 - 01:43 AM

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LCOc1

Oil prices steady as Libya supply concerns ease, US inventories shrink

Oil prices stabilized after losses, buoyed by China's stimulus and shrinking U.S. inventories, while Libyan production recovery poses supply concerns amid rising Middle East tensions.

investing.com • 26/09/2024 - 01:57 AM

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LCOc1

Oil prices slump on oversupply concerns as Saudi-led OPEC+ eyes production hike

Oil prices fell sharply as Saudi Arabia plans to increase output in December, abandoning its $100 price target, while U.S. inventories shrank significantly amidst strong demand.

investing.com • 26/09/2024 - 01:57 AM

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LCOc1

Oil prices settle higher on Chinese stimulus, supply concerns

Oil prices rise due to Chinese economic stimulus and escalating Middle East tensions, despite concerns over slowing global demand from mixed PMI indicators.

investing.com • 24/09/2024 - 01:21 AM

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LCOc1

Oil prices settle higher on Chinese stimulus, supply concerns

Oil prices rose due to China's stimulus and Middle East tensions, despite concerns over global economic demand indicated by mixed PMI readings from major economies.

investing.com • 24/09/2024 - 01:21 AM

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LCOc1

Oil prices rise on Middle East concerns, rate cut cheer

Oil prices rise due to Middle East tensions and lower U.S. interest rates, with concerns about supply disruptions amid ongoing regional conflicts.

investing.com • 23/09/2024 - 01:53 AM

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LCOc1

Oil prices edge higher on Middle East tensions, rate cut cheer

Oil prices increased slightly due to Middle East tensions and lower interest rate expectations, despite bearish sentiment from investors and plans to restore OPEC+ output cuts.

investing.com • 23/09/2024 - 01:53 AM

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LCOc1

Oil prices cut losses to remain on track for weekly gains after hefty Fed cut

Oil prices are on track for weekly gains due to a U.S. interest rate cut, despite ongoing concerns about Chinese demand and geopolitical tensions in the Middle East.

investing.com • 20/09/2024 - 01:42 AM

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