Oil prices to end week lower amid demand and easing supply concerns
Oil
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Article by:
CW Team - Contruction World
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Date Published:
August 23, 2024
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Who was cited:
FGE
Analysts at consultancy firm FGE noted that despite some bullish fundamentals, weakening sentiment continues to dominate the oil market. The push for a ceasefire between Israel and Hamas has also eased supply concerns, contributing to the downward pressure on prices.
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