: : U.S. oil prices post their lowest finish in about 3 weeks #FinanceUSA #StockMarketNEWS Oil futures declined on Wednesday, with U.S. prices settling at their lowest in roughly three weeks. “Prices
@stockMarketNEWS Thu 17 Nov, 2022
: U.S. oil prices post their lowest finish in about 3 weeks #FinanceUSA #StockMarketNEWS
Oil futures declined on Wednesday, with U.S. prices settling at their lowest in roughly three weeks. “Prices remain in negative territory, with various geopolitical influences — from an oil tanker being hit by a bomb-carrying drone off the coast of Oman, to Russia tensions — being largely dismissed in favor of a focus on the more bearish elements such as weak Chinese economic data and demand,� said Matt Smith, lead oil analyst, Americas, at Kpler. U.S. benchmark West Texas Intermediate crude for December delivery CLZ22 fell .33, or 1.5%, to settle at .59 a barrel on the New York Mercantile Exchange, the lowest finish for a most-active contract since Oct. 25, FactSet data show.
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