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Stocks closed lower on Wall Street after another sharp slide for the price of crude dragged down big oil-and-gas stocks. Treasury yields fell. NEW YORK (AP) — Wall Street is hanging near its ...
Oil markets spiraled on the news, falling as much as 4% on Thursday. A report that Saudi Arabia would ditch its unofficial crude price target sent crude oil prices sharply lower on Thursday.
At roughly $70.60 per barrel, crude oil today costs 9% less than it did just a week ago. Worse news for investors, about half of that decline arrived today, with WTI prices dropping 4.5%.
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Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more. ... CRUDE OIL . 74. ...
Brent crude futures rose to $74.60 a barrel on Tuesday and US West Texas Intermediate crude was up at $71.66 a barrel. For the year, Brent declined 3.2%, while WTI was down 0.1%. For the year ...
On Tuesday oil alliance OPEC maintained its prior forecast for global oil demand to grow by 2.2 million barrels per day in 2024. In March OPEC+ extended output cuts of 2.2 million per day into the ...
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