{"id":81454,"date":"2023-11-06T21:39:06","date_gmt":"2023-11-07T02:39:06","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/oil-futures-finish-a-bit-higher-after-last-weeks-loss\/"},"modified":"2023-11-06T21:39:10","modified_gmt":"2023-11-07T02:39:10","slug":"oil-futures-finish-a-bit-higher-after-last-weeks-loss","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=81454","title":{"rendered":"Oil futures finish a bit higher after last week\u2019s loss"},"content":{"rendered":"
\n

Oil futures edged higher on Monday to recoup a small portion of the loss they suffered at the end of last week. \u201cThe crude complex has seen consistent headwinds over the past two weeks as the market continues to discount any geopolitical risk premium,\u201d and demand concerns have led to risks for a fall in oil prices, said Robbie Fraser, manager, Global Research & Analytics, at \ufeffSchneider Electric. Still, on the bullish side, production cuts by Saudi Arabia and Russia remain the most important supply factor and the two countries have confirmed plans to maintain their output cuts through the end of the year, in line with consensus expectations, he said. December West Texas Intermediate crude
\n CLZ23,
\n -0.46%<\/bg-quote>
\n rose 31 cents, or 0.4%, to settle at $80.82 a barrel on the New York Mercantile Exchange, off the session\u2019s high of $82.24.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Oil futures edged higher on Monday to recoup a small portion of the loss they suffered at the end of last week. \u201cThe crude complex has seen consistent headwinds over the past two weeks as the market continues to discount any geopolitical risk premium,\u201d and demand concerns have led to risks for a fall in […]<\/p>\n","protected":false},"author":1,"featured_media":78672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-81454","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nOil futures finish a bit higher after last week\u2019s loss | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Oil futures edged higher on Monday to recoup a small portion of the loss they suffered at the end of last week. \u201cThe crude complex has seen 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