Oil prices set to end week over 3% lower

Oil prices set to end week over 3% lower as supply risks ease
Oil prices fell on Friday, heading for a weekly drop of more than 3%, as concerns over supply risks from the Israel-Hezbollah conflict eased, alleviating earlier disruption fears. Brent crude futures fell 55 cents,
Oil prices suffer November drop as Middle East fears ease, OPEC+ delays meeting
Oil futures bounced Friday morning but remained on track for hefty weekly losses, feeling pressure after a cease-fire this week between Israel and Iran-backed Hezbollah helped soothe remaining worries over a wider conflict that could threaten crude supplies.
Geopolitical Uncertainties Set to Support Oil Prices
Geopolitical tensions and potential supply disruptions are supporting oil prices, but concerns about global demand growth and OPEC+'s production decisions create uncertainty for the market.
Oil prices head for 3% weekly decline
Oil prices fell today, heading for a weekly drop of more than 3%, pressured by easing concern over supply risks from the Israel-Hezbollah conflict and the prospect of increased supply in 2025 even as OPEC+ is expected to extend output cuts.
Oil heads for more than 3% weekly decline as supply risks ease
Brent crude was down 48 cents at $72.80 a barrel by 0930 GMT, while U.S. West Texas Intermediate crude futures fell 20 cents to $68.68
Oil Prices Fall Ahead of OPEC+ Meeting
Oil prices fell after a U.S. inventory report showed a gasoline stockpile increase, with traders waiting for OPEC+'s decision on production cuts.
OPEC Could Extend Production Cuts To Support Oil Prices
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
The Wrong Oil Price Is Truthfully a Problem for OPEC+
Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, ...
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