#supply-glut

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#crude-oil
fromLondon Business News | Londonlovesbusiness.com
3 weeks ago
Environment

Oil prices stall as traders react to OPEC+ decision and surplus concerns - London Business News | Londonlovesbusiness.com

Crude oil near $61 faces mixed pressures: OPEC's pause and geopolitical risks support prices, while rising inventories, record US output, and weakening demand threaten downside.
fromLondon Business News | Londonlovesbusiness.com
1 month ago
Environment

Focus on supply glut risks pushes oil lower ahead of OPEC+ meeting - London Business News | Londonlovesbusiness.com

Crude oil prices declined for a third session as supply glut concerns and potential OPEC+ output increases pressured WTI near USD 60.
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fromLondon Business News | Londonlovesbusiness.com
2 weeks ago

Oil prices stable, supply glut concerns weigh on sentiment - London Business News | Londonlovesbusiness.com

Crude oil prices remained close to the levels seen during the last few days. Markets could continue to consolidate while hopes of the US government reopening helped stabilize demand prospects. Additionally, expectations of a pause in production increases from OPEC countries next year could help limit downside risks. US sanctions on Russian oil majors could also continue to support prices as they could disrupt crude volumes and tighten supply to a certain extent.
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Real estate
fromSFGATE
2 months ago

New Homes Are $20K Cheaper Than Existing Homes-5 Key Takeaways

New homes are selling at an average discount of $28,000 (6.5%) compared with existing homes, the largest gap in at least 25 years.
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