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Oil posts weekly loss as interest rate policy spurs fuel demand worries

Oil posts weekly loss as interest rate policy spurs fuel demand worries
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Oil records longest losing streak in 5 months on hawkish US Fed policy, demand worries; Brent down 2% at $82/bbl

Oil records longest losing streak in 5 months on hawkish US Fed policy, demand worries; Brent down 2% at $82/bbl
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Oil steady as investors weigh U S rate fears, firmer seasonal demand

Oil prices were stable on Friday as investors considered the latest comments from the U.S. Federal Reserve on interest rates amid sticky inflation, while signs of firming seasonal U.S. fuel demand.

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Singapore fuel oil stockpiles hit lowest in 5-1/2 years as supplies to Asia drop

Onshore fuel oil stockpiles at key storage hub Singapore plummeted to a 5-1/2 year low, latest data showed, as incoming supplies to Asia fell with the Middle East exporting fewer cargoes due to. -May 24, 2024 at 01:30 am EDT - MarketScreener

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Oil set for weekly loss as markets worry about demand

Oil set for weekly loss as markets worry about demand
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