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MarketWatchAug 17, 17:57 EDT

Oil Prices Slump as Weak Global Demand and Inventory Surge Override Geopolitical Risks

Crude oil prices remain muted despite Middle East conflicts as weakening global demand and a massive 17.4-million-barrel U.S. inventory build limit upside. The IEA cut demand projections, while analy…

WTI BRENT

Trading EconomicsAug 13, 11:18 EDT

Oil Prices Slide Below $81 as Inventories Surge, Demand Outlook Weakens

Crude oil dropped below $81 after five days of gains as demand concerns grow. IEA cut demand outlook, US inventories surged 17.4M barrels, though Strait of Hormuz disruptions remain a risk factor.

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Average AI scores from −3 to +3. These are sentiment scores, not price returns or trade instructions.

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USDCHF2.0 · 1 stories
BRENT1.68 · 410 stories
WTI1.53 · 473 stories
XOM1.44 · 180 stories
NFLX1.06 · 17 stories

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NZDUSD-1.6 · 5 stories
EURUSD-0.96 · 69 stories
US100-0.9 · 392 stories
XAGUSD-0.86 · 50 stories
US500-0.81 · 599 stories