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Oil Prices Bounce Higher, on Track for Solid Quarterly Gains
Oil futures rose Thursday, on track for solid quarterly gains as traders showed relief after official U.S. crude-inventory figures released the previous session showed a smaller rise in inventories than industry data had led them to fear.
Oil Heads for Quarterly Advance as OPEC+ Holds the Line on Cuts
Oil climbed to head for a solid quarterly gain on expectations OPEC+ supply cuts would tighten the global market.
Oil Prices Pressured by Data Showing Large Rise in Crude Inventories
Oil futures were lower early Wednesday after industry data showed a large increase in U.S. crude inventories ahead of official figures due later in the day.
CICC: Three differences in expectations after the oil price rebound
The risk of rising oil prices during the year may still be greater than the downside risk. It is expected that the 2H24 Brent oil price center may move upward to $90-95 per barrel.
Oil Steadies After Two-day Drop as Rates, Geopolitics Dominate
Oil fell for a third day, with traders assessing the outlook for global interest rates and geopolitical tensions in the Middle East.
Oil Edges Lower After Earlier Rise on Fed Rate Cut Outlook -- Market Talk
Oil prices are edging lower after rising earlier in the session, with some analysts saying the recent rally might be cooling.
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101633546 : For Zim higher momentum at lower price what does this mean? Big money is accumulating ?
iamiamOP 101633546: it means that more investors or more money but less price rise. it's churning over ownership.
Liiii : I added more ipi today, do u think that is a good time? Thanks
101633546 iamiamOP: is churning over ownership means investor trying buying more shares at this price range instead of bidding higher and higher?
iamiamOP Liiii: I added
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