Headline Details

Oil steadies on dim OPEC demand outlook, pares gains from Gulf of Mexico storm

Published on: Thu, 11 Jul 2019 17:31:44 UTC
News Agency: Reuters
Description:
Oil prices steadied on Thursday as OPEC forecast slower demand for its crude next year, with crude futures easing from their highest in more than a month after U.S. producers cut nearly a third of their output in the Gulf of Mexico ahead of what could be one of the first major storms of the Atlantic hurricane.

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