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18 April 2024

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Oil slips amid macroeconomic concerns despite firm demand expectations

13-03-2025 08:18 AM


Ammon News - Oil prices slipped on Thursday after a surge in the previous session on a larger-than-expected draw in U.S. gasoline stocks, as markets weighed macroeconomic concerns against firm near-term demand.

Brent futures fell 5 cents to $70.9 a barrel by 0426 GMT, while U.S. West Texas Intermediate crude futures shed 10 cents to $67.58 a barrel. Reuters




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