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Oil markets edge lower on profit-taking Oil markets eased overnight as dollar strength spurred some profit-taking among speculative longs. Brent crude eased 0.65% to USD55.60 a barrel, and WTI fell by ...
Oil traders will be watching the economic numbers from China over the next several weeks to determine if the lockdowns are having an impact on demand.
Brent crude oil futures slipped 10 cents, or 0.2%, to $55.56 a barrel while US West Texas Intermediate (WTI) fell 8 cents, or 0.2%, to $52.17 a barrel.
Increase in number of coronavirus cases worldwide and tightening measures continue to raise concerns over oil demand - Anadolu Agency ...
As the company embarks on a transformative merger, now could be a great time for me to buy the Premier Oil share price, writes this Fool.