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At Close: Jun 03, 2026

Oil prices end lower on ‘economic headwinds'

02:48pm, Monday, 01'st May 2023
Oil futures settled lower on Monday, giving back a portion of the back-to-back prices gains late last week. Overall, oil prices have “generally shifted lower over the past month as economic headwind
The weak economic data from China put pressure on the oil markets.
Oil futures fell Monday, kicking off May on a weak note after the U.S. benchmark eked out an April gain to snap a string of five straight monthly declines.

Oil Price Forecast / Update:

04:22am, Sunday, 30'th Apr 2023
Despite ongoing market concerns, WTI prices increased in April due to declining crude output and growing fuel demand.
So far, my prediction that Total U.S. oil production will set a new annual record in 2023 is on track to be correct.
Yahoo Finance Live discusses an increase in crude oil prices amid a week of uncertainty given a possible recession and a looming banking crisis.
Oil futures climbed sharply on Friday, leading U.S. prices to turn higher for the month. “The oil market selloff got out of control,” said Edward Moya, senior market analyst at OANDA.
WTI oil managed to settle back above the $76 level as traders bet on a rebound after the recent pullback.
Crude oil markets have fallen during the trading week again, and have blown through the gap that so many people were watching in both grades.
Ed Morse, Citi global head of commodities, joins 'Squawk on the Street' to discuss recent oil price action, if OPEC will cut production further, and more.
Crude markets continue to wait for the next move, is it a flush lower?
Oil futures were on track Friday to end April with a loss, with worries over the economic outlook and its implications for demand having sapped the rally that kicked off the month after Saudi Arabia a
Yahoo Finance markets reporter Ines Ferre joins the Live Show to discuss rising crude oil prices after a decline, what the spike may signify surrounding a looming recession, and the upcoming earnings
Oil futures finished higher on Thursday as traders weighed support from a second straight weekly decline in U.S. crude inventories against pressure from worries about the outlook for energy demand. Th
Oil traders take some profits off the table after the recent pullback.
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