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U.S. WTI crude futures closed down 0.9 percent on Monday.

 Last Update: 2022-11-11
 Source: Internet
 Author: User

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supply demand production

ne oil prices

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In the early morning of November 8, Beijing time, US crude oil futures prices closed lower
on Monday (November 7).
The market is still assessing the potential impact
of the international pandemic on the outlook for crude oil demand.

The market will be closely watching the U.
S.
crude oil supply report this week, as well as U.
S.
crude oil production data
.
Analysts said crude producers were reluctant to raise crude production
, given that the outlook for crude oil demand remains uncertain.

On Monday, West Texas Intermediate (WTI) futures for December delivery fell 82 cents, or 0.
9 percent, to settle at $
91.
79 a barrel on the New York Mercantile Exchange.

December gasoline futures settled at $
2.
6531 a gallon.

December heating oil futures settled at $
3.
7811 a gallon.

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