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Crude oil provides to losses as OPEC+’s prolonged output cuts depart market detached

by Index Investing News
December 7, 2024
in Markets
Reading Time: 1 min read
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Dec. 06, 2024 6:50 PM ETThe Power Choose Sector SPDR® Fund ETF (XLE), USOUCO, APA, OXY, DVN, LEU, CVX, TK, UL, KEP, DBO, UNG, EDN, FCG, TPL, TAC, USL, SCO, UNL, BNO, AMTX, CTGO, BOIL, KOLD, GUSH, DRIP, USOI, NINE, SGML, KLXE, NFE, CO1:COM, NG1:COM, CL1:COM, SMR, PPTA, SOC, NPWR, WAVE, ACDC, ASPI, ICONBy: Carl Surran, SA Information Editor

SlavkoSereda/iStock through Getty Photos

Crude oil futures fell on Friday finish tallied losses for the week, a day after the choice by OPEC and its allies to additional postpone a deliberate reversal of manufacturing cuts did not ease the outlook for a crude surplus.



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