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Oil dips, but posts weekly gain on solid 2024 demand outlook

Oil futures prices settled slightly lower on Friday (Jun 14) after a survey showed deteriorating US consumer sentiment, but prices rose 4 per cent for the week as investors weighed forecasts for solid demand for crude oil and fuel in 2024.

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Oil future prices head for weekly gain on solid 2024 demand outlook

US consumer sentiment weakened in June to a seven-month low as inflation and income worries linger, a survey showed on Friday

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Crude Build No Match For Rate Cut Optimism As Oil Breaks Losing Streak

Five straight losses for oil are now viewed as oversold.

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Oil up on Opec+ meeting, summer driving season

Oil up on Opec+ meeting, summer driving season
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US crude stockpiles rise unexpectedly, gasoline draws down as demand grows -EIA

US crude stockpiles rise unexpectedly, gasoline draws down as demand grows -EIA
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