Oil falls on weak demand outlook in US and China, Fed hedging
On Monday, oil prices experienced a decline, reversing the gains observed on Friday, as renewed concerns regarding diminishing demand in the United States and China, combined with mixed signals from the U.S. Federal Reserve, impacted market sentiment.
Brent crude futures for January dropped by 61 cents, or 0.75%, to reach $80.82 per barrel at 0800 GMT.
Simultaneously, U.S. West Texas Intermediate (WTI) crude futures for December stood at $76.56, reflecting a decrease of 61 cents, or 0.79%, Reuters reported.
READ MORE: https://www.reuters.com/business/energy/oil-prices-ease-worries-waning-demand-us-china-2023-11-13/
Links for B.C.
Visit My Website
https://bcbegley.com
Follow Me On Facebook
https://www.facebook.com/B.C.Begley
Subscribe To My Patreon
https://www.patreon.com/bcbegley
Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A
Follow Me On Twitter
https://twitter.com/BC_News1
Watch Me On Rumble
https://rumble.com/c/c-280191
Follow Me On Gab
https://gab.com/BC_Begley
-
1:00
B.C. Begley
2 days agoGerman industry confirm delivery of naval laser weapon by 2030
77 -
1:59:11
Nerdrotic
10 hours agoAncient Apocalypse Returns - Atlantis Puzzle Review | Forbidden Frontier #075
131K26 -
LIVE
Vigilant News Network
17 hours agoVaccine Horror Shocks the World: Exclusive Update - Media Blackout
2,999 watching -
1:25:19
Josh Pate's College Football Show
8 hours agoTennessee Silences OU | Michigan Beats USC | Hugh Freeze Problem | Early UGA-Alabama Thoughts
57.1K2 -
6:34:23
Barstool Gambling
15 hours agoDave Portnoy, Big Cat, and Co Sweat Out the Sunday Slate | Barstool Gambling Cave
69.6K6 -
25:34
Stephen Gardner
12 hours ago🔥Trump MUST BE KEPT ALIVE at all costs! | Exclusive RFK JR Interview!!
131K229 -
53:31
Standpoint with Gabe Groisman
19 hours agoEp 50. God is Real! with Academy Award-winning actor John Voight
130K68 -
35:04
Power Slap
7 days agoPower Slap: Road to the Title - Season 3 Episode 9 - Bring Out That Monster
841K117 -
15:52
Scammer Payback
1 month agoScammers Located in this Apartment
188K71 -
10:41
Breaking Points
3 days agoARSON, 'FREAK OFFS', LUBE: Diddy Indictment SHOCKING DETAILS
167K67