Markets

U.S. oil futures end lower for a second straight session

Oil futures fell on Thursday for a second straight session, with U.S. prices marking another settlement at their lowest since late August. “OPEC+ worked hard to get oil back to $90 a barrel and they will likely continue to do whatever it takes to make sure we don’t see prices return to the lows of the year, which is around the $70 level,” said Edward Moya, senior market analyst at OANDA. November West Texas Intermediate crude
CLX23,
-2.10%
lost $1.91, or 2.3%, to settle at $82.31 a barrel on the New York Mercantile Exchange.

Read the full article here

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Crypto

Bitcoin’s bull market cycle is accelerating, CoinMarketCap says. It’s running 100 days ahead of its typical four-year cycle. This raises the possibility of a...

News

Listen below or on the go on Apple Podcasts and Spotify CEO Jensen Huang says the new Blackwells for AI are on track. (0:16)...

Copyright © 2023 Repay Down. All Rights Reserved.

Exit mobile version