Declining Oil Prices Amid Weak Demand and Increased Supply: Implications for Businesses in Oman
Oil prices dipped on Friday, influenced by weaker demand in the U.S. and increased supply from OPEC+. Brent crude settled
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Oil prices dipped on Friday, influenced by weaker demand in the U.S. and increased supply from OPEC+. Brent crude settled
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Oil prices steadied on Wednesday after falling the previous day, as investors monitored Ukraine war developments and a US report
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Oil prices slipped over 1% after surging nearly 2% the previous day, as traders watched Ukraine tensions and possible Russian
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Oil prices rose as traders eyed potential US sanctions on Russia and Ukrainian attacks on Russian energy sites. Brent crude
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Oil prices rose 1% on strong US demand and uncertainty over Ukraine war efforts. Brent crude hit $67.48, WTI $63.36.
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Oil prices held steady as traders awaited a US-Ukraine peace deal meeting. Brent crude was $65.87/barrel, WTI $62.89. Trump aligned
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European shares and the US dollar wobbled ahead of a key week for U.S. interest rate policy. Oil prices steadied
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Premiums for prompt benchmark oil prices are falling due to rising output from the Middle East, Latin America, and Europe
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Oil prices fell 1.2% before steadying as traders await a US-Russia meeting that might ease sanctions, possibly boosting supply. OPEC+
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Oman oil's official price for October delivery reached $67.98, down 53 cents from last week's $68.51. The August average was
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