The oil outlook for next year is clouded by growing supplies from non-OPEC+ countries
US WTI crude was down 11 cents at $70.60 a barrel, while Brent crude futures eased 2 cents to $73.89BEIJING/SINGAPORE – Oil prices nudged lower on Tuesday as China's economic data renewed demand concerns, while investors remained cautious ahead of the US Federal Reserve's interest rate decision.
On Monday, prices fell from multi-week highs on unexpected weakness in consumer spending data from China, despite strength in industrial output, and as investors moved into a holding pattern ahead of the Fed's meeting. "A 25 basis point cut has already been priced in by the market, so any surprises may move the market," said Anh Pham, a LSEG analyst. such as the US and Brazil and slowing demand, chiefly in China.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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