US Gasoline Draws Lift Oil, But Supply Glut Looms

Oil prices rose for a third day, supported by low US gasoline stocks, but gains were capped by forecasts of a 2024 supply surplus and weak demand growth, especially in China.

Nov 15, 2024 - 03:00
US Gasoline Draws Lift Oil, But Supply Glut Looms
Oil prices rose for a third day, supported by low US gasoline stocks, but gains were capped by forecasts of a 2024 supply surplus and weak demand growth, especially in China.

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