Crude Oil Prices Face Continued Downward Pressure
Oil prices slump as global demand weakens, supply increases; BCA suggests reducing exposure amid bearish outlook.
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Oil prices slump as global demand weakens, supply increases; BCA suggests reducing exposure amid bearish outlook.
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Oil prices fall amid surprise US crude stock rise, dimming demand. Rate cut hopes rise on lower-than-expected US CPI data.
The IEA reports a continued decline in Chinese oil demand amid weakened industrial activity and a struggling economy.
OPEC cuts 2024 oil demand growth forecast, citing China's sluggish demand and dilemmas for production hikes.
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