January 4, 2025

Oil Prices Ease On Chinese Demand Data, Stronger Dollar

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Oil Prices Ease On Chinese Demand Data, Stronger Dollar

 

Brent crude futures for December delivery settled at $93.26 a barrel, down 24 cents, 0.3%, after rising 2% last week. U.S. West Texas Intermediate crude lost $84.58 a barrel, losing 47 cents, 0.6%. Both benchmarks had fallen by $2 a barrel earlier in the session.