Global oil market flashes warnings


Oil markets have weakened in November, with a host of widely-watched metrics flashing warning signs and dragging futures prices lower.

THE global oil market keeps sending up flares on the outlook for weaker demand.

In the latest, a closely-watched gauge of Asian crude consumption tumbled to a seven-month low as surging virus cases in China trigger lockdown-like restrictions in the world’s biggest importer.

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Globaloil , Omanfutures , Brent , WTI , China , Russia

   

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