Weak demand, or too much supply – which is driving the drop in oil prices? (NYSEARCA:XLE)


Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

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Crude oil futures rose Friday but logged a third straight weekly decline, trading at the lowest since mid-July before bouncing to end the week, as sentiment has shifted in the oil market.

“Concerns about demand have replaced the fear of

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