Oil Edges Higher After U.S. Inflation Data But Demand Concerns Persist

Oil prices inched higher after softer-than-expected U.S. inflation data eased worries about interest-rate cuts next year, but concerns over global demand trends continued to weigh on the market.

Dec 23, 2024 - 13:30
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Oil prices inched higher after softer-than-expected U.S. inflation data eased worries about interest-rate cuts next year, but concerns over global demand trends continued to weigh on the market.

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