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Oil prices are set to end 2023 about 10 per cent lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered wild ...
Brent crude futures were up 48 cents, or 0.6%, at $77.63 a barrel at 0523 GMT on Friday, the last trading day of 2023, while the U.S. West Texas Intermediate (WTI) crude futures were trading 37 cents, ...
Oil prices are set to end 2023 about 10% lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered wild fluctuations ...
Oil markets are on track to notch a three-month streak of declines, as crude prices are plummeting in the final stretch of this year's trading.
From the technical point of view, WTI oil failed to settle above the resistance at $73.00 – $74.00 despite worries about the safety of oil supply routes in Red Sea. Brent oil tests support at $77.50 – ...