Oil Futures January 2024 – Oil prices were finding support from a weakening dollar after U.S. retail sales fell more than expected, said Phil Flynn, analyst with the Price Futures Group. . Oil futures climbed for the week as investors weighed the outlook for interest-rate cuts by the Federal Reserve, tensions in the Middle East and .
Oil Futures January 2024
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Source : www.cmegroup.comOil Futures January 2024 Palm Oil Monthly Update โ January 2024 CME Group: Oil futures sank by $1 a barrel on Wednesday as surging U.S. crude inventories pushed down prices and a possible security threat to the U.S. that might dampen oil demand in the world’s largest economy . After slumping throughout December and January, crude oil prices trended upwards this week off the back of OPEC’s optimistic latest report. .
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