Mixed Signals Spark Volatility in Oil Markets Ahead of Key Events

Mixed Signals Spark Volatility in Oil Markets Ahead of Key Events

OilPrice.com

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Oil Market Weekly Recap and Next Week's Outlook This week, oil prices experienced volatility driven by mixed signals from U.S. fuel demand data, expectations surrounding the OPEC+ meeting, and macroeconomic factors influencing investor sentiment. As the market prepares for crucial developments in the coming days, traders remain cautious yet optimistic about potential price movements. U.S. Fuel Demand and Inventory Reports Oil prices declined for the second consecutive session on Thursday due to weak U.S. fuel demand and unexpected increases in…

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