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Oil Price - FTSE 100 Live: Retail sales in surprise fall, oil prices at four-month low, shares higher

17-11-2023 02:35

Burberry’s new Goddess perfume and the first collection designed by Daniel Lee helps revenue rise to nearly £1.4bn, with mainland China sales up 15% in the first half. But it warns of weaker demand ...

Oil Prices Creep Up but On Pace for Fourth-Straight Week of Declines

Oil prices were rising Friday after hitting four-month lows but worries about demand continued to weigh on the market. Oil was on pace for its fourth-straight week of declines.

Oil prices drop to four-month low

Resistance level: 37260, 40960. Support level: 33670, 30520.

Oil Prices Forecast: Contango Structure Marks Fourth Week of Losses

Oil prices face weekly loss amid demand concerns, with U.S. data showing high inventories while Saudi Arabia considers extended output cuts.

$72/bbl 'feels like a bottom' for oil prices: Strategist

Michele Schneider of MarketGauge.com says there are many factors that could combine to bring prices back up in the oil market.

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