Oil prices steady as focus turns to 2025 market outlook

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Oil prices steady as focus turns to 2025 market outlook
ACD Systems Digital Imaging

Oil expenses maintained their balance as investors focused on the demanding situations of 2025, which variety from abundant deliver to the inability to expect the moves of the following Donald Trump management.

West Texas Intermediate crude settled above $70 a barrel in mild trading, after advancing 1.6% final week, while Brent crude closed near $74.

there is massive expectation that the market will be afflicted by oversupply subsequent yr, that allows you to probable make it tough for OPEC+ to go back a few manufacturing to the marketplace.