Oil Prices Steady Ahead of OPEC Report, China Stimulus Limit Gains
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ($1.40 trillion) debt package to ease local government financing strains, but analysts said it fell short of the amount of stimulus that would be needed to boost growth.
Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in the U.S.
Oil prices drop due to soft demand in China, strong US dollar, and oversupply concerns, impacting global market outlook.
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy ...
Oil prices were edge higher ahead of the U.S ... the Federal Reserve's next policy move, and China's National People's ...
Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...
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