U.S. oil prices posted their biggest one-day gain in two years on Monday as traders locked in profits on bearish bets. But many were skeptical that prices had reached their bottom, pointing to continued oversupply.

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BING NEWS:
  • WTI Crude Oil Futures: Geopolitical Tensions Fuel Rebound Ahead of OPEC+ Meeting
    Friday’s low settlement now creates a line in the sand and a close below here will mute our near-term confidence in higher prices. For now, remain more Bullish in Bias, however, we also must see ...
    12/4/2024 - 3:18 am | View Link
  • China's gasoline exports rebound in November before tax changes
    China's gasoline exports are expected to have rebounded in November after refiners dashed to secure higher profits before changes to export tax rebates took effect this month.
    12/4/2024 - 2:21 am | View Link
  • Long WTI: strong bullish momentum builds as prices rebound from key support amid positive market indicators
    Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC ...
    12/3/2024 - 9:37 pm | View Link
  • Saudi Stocks Poised to Rebound as Trade War Risks Grow for Peers
    Saudi stocks are trailing emerging-market benchmarks for the first time since 2020, but some investors see several reasons why next year could turn out better.
    12/3/2024 - 8:59 pm | View Link
  • Oil prices are likely to remain within the $70 to $76 range
    Get insights into the short-term outlook for oil prices. Will they remain within the $70 to $76 range? Find out in our latest blog post.
    12/3/2024 - 7:48 pm | View Link
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