By Finance Pulse in Oil Prices —

U.S. Output and China's Demand Slowdown Pressure Oil Prices in 2024

Oil prices in 2024 face pressure from record U.S. production and weak demand in China, impacting global markets and energy dynamics.

A dynamic image showcasing oil rigs against a backdrop of a subdued cityscape, symbolizing high U.S. production and sluggish Chinese demand.
U.S. Output and China's Demand Slowdown Pressure Oil Prices in 2024

Oil prices were pressured in 2024 by record U.S. production and sluggish demand in China.

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