Oil Dips on Prospect of Peak US Production, Despite Strong Demand Signals
- by: Reuters
- 11.15.23
- Source:
The Epoch Times
- 11/15/2023
Pumping gas at gas pump. Closeup of man pumping gasoline fuel in car at gas station. by engin akyurt is licensed under Unsplash unsplash.com
LONDON—Oil prices dipped on Wednesday amid signs the United States, the world’s biggest oil producer, is at peak production, offsetting positive crude demand signals from top consumer China. Brent futures were down 29 cents to $82.18 a barrel at 1207 GMT, while U.S. West Texas Intermediate (WTI) crude was down 32 cents to $77.94. China’s […]
Pumping gas at gas pump. Closeup of man pumping gasoline fuel in car at gas station. by engin akyurt is licensed under Unsplash unsplash.com
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