Tag Archives: US oil demand

Oil prices were generally stable on Wednesday as markets awaited the meeting of OPEC and its allies, the Federal Reserve’s decision on interest rates, and US government data on crude and fuel inventories. Brent crude futures fell 11 cents, or 0.1 percent, to $85.35 a barrel by 0949 GMT, while …

Oil prices closed steadily on Tuesday after recovering from a near three-week low, attracting support from the intraday weaker US dollar and on data showing that US demand for crude and petroleum products rose in November.The more active second-month Brent contract settled at $85.51 per barrel, up $1.09 or 1.29%, …