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Oil prices fall as market shrugs off China growth pledge, OPEC+ production cuts - TL;DR CNBC

Oil prices fall as market shrugs off China growth pledge, OPEC+ production cuts

Publishing timestamp: 2024-03-05 10:43:12


Summary

Crude oil futures fell for the second consecutive day despite China's economic growth pledge and OPEC+ production cuts. Various energy-related stocks are experiencing different movements, with some seeing gains and others facing challenges. Market experts are discussing the future of oil prices and the renewable energy sector.


Sentiment: MIXED

Tickers: @CL.1@LCO.1

Keywords: business newsinvestment strategymarketswti crude (mar'23)opecice brent crude (apr'23)breaking news: marketsoil and gas

Source: https://www.cnbc.com/2024/03/05/crude-oil-prices-today-wti-brent-fall-as-china-aims-to-boost-growth.html


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