Sep
Commodities Report: Oil Dips as OPEC Cuts Back Global Demand Outlook; Gold Inches Up as Safe Haven
Latest Stock, Bond and Currency market News – Oil is falling slightly Thursday morning as OPEC cut back its forecast for global demand from member countries as production outside the group rises. Meanwhile, a weekly increase in US crude supply as reported Wednesday by the US Department of Energy is likely to keep a lid on any significant gains in oil prices. Brent crude is down 0.1% at $78.08 a barrel, light sweet crude is up 0.4% at $74.93 a…
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