Oil benchmarks little changed for 2024; demand concerns dampen 2025 price outlook

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Data analysis in commodity energy market. charts and quotes US WTI crude oil price analysis. A shocking drop in prices over the past 20 years.

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Crude oil futures rose on Tuesday but ended the year mixed as China’s economy struggled and the U.S. and other OPEC producers pumped more crude into a well-supplied global market.

Oil production in the US increased by 260,000 barrels per day, reaching a record high

 
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