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Oil slips over $1 as supply intact despite Middle East conflict fears

Oil prices fell over $1 as global supply remained stable amid Middle East conflicts, prompting a focus on demand concerns, particularly in relation to Chinese manufacturing activity.

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India's June infrastructure output rises at slowest pace in nearly two years

India's infrastructure output grew 4% in June, its slowest in two years, influenced by seasonal changes, with several sectors showing slowing growth or declines.

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Subdued demand to keep oil prices steady despite geopolitical risks: Reuters poll

Analysts maintain stable oil price forecasts for 2024 amid geopolitical risks and muted demand, expecting Brent crude at $83.66 and U.S. crude at $79.22 per barrel.

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Oil prices jump on elevated Middle East tensions, larger draw in US inventories

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Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles

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Oil prices settle lower as China concerns weigh; US inventory data in focus

Oil prices drop due to demand concerns in China, regional tensions, and anticipation of U.S. inventory reports ahead of an OPEC meeting, signaling potential supply risks.

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Oil prices slide 1%, settle at 7-week low on China worries

Oil prices dropped to a seven-week low due to concerns over weakening demand in China and steady OPEC+ supply plans; geopolitical tensions are also impacting market dynamics.

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'Oil’s Bermuda triangle is nearing an end': Get ready for a breakout- BofA

Bank of America warns the oil market may experience significant price movements, with bearish and potential bullish scenarios amidst long-term bullish outlook on oil prices.

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Oil prices settle lower as Israel-Hezbollah tensions offset by supply concerns

Oil prices declined due to concerns over demand and increased non-OPEC output, alongside rising geopolitical tensions, particularly relating to the Middle East.

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Oil falls 2% as Israel seeks to avoid broader Middle East conflict

Oil prices fell nearly 2% due to Middle East tensions and concerns about Chinese demand, despite no supply disruptions. Venezuela's election results also impact market outlook.