{"id":85933,"date":"2023-11-18T02:13:13","date_gmt":"2023-11-18T07:13:13","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/oil-futures-settle-at-lowest-since-early-july-pressured-by-demand-worries-and-a-rise-in-u-s-supplies\/"},"modified":"2023-11-18T02:13:14","modified_gmt":"2023-11-18T07:13:14","slug":"oil-futures-settle-at-lowest-since-early-july-pressured-by-demand-worries-and-a-rise-in-u-s-supplies","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=85933","title":{"rendered":"Oil futures settle at lowest since early July, pressured by demand worries and a rise in U.S. supplies"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002734708\">\n<div class=\"snippet__body\">\n<p>Oil futures declined on Thursday, with worries about energy demand and a sharp rise in U.S. crude inventories over the past two weeks leading prices to their lowest settlement in more than four months.<\/p>\n<h2>Price action<\/h2>\n<h2>Market drivers<\/h2>\n<p>\u201cAlthough the recent builds in U.S. [crude] inventories aren\u2019t helping matters, the decline in crude-oil prices appears to be driven by concerns about falling demand,\u201d Colin Cieszynski, chief market strategist at SIA Wealth Management, told MarketWatch.<\/p>\n<p>WTI&#8230;\n      <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/oil-prices-extend-decline-after-further-rise-in-u-s-crude-inventories-be0e2e70?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil futures declined on Thursday, with worries about energy demand and a sharp rise in U.S. crude inventories over the past two weeks leading prices to their lowest settlement in more than four months. Price action Market drivers \u201cAlthough the recent builds in U.S. [crude] inventories aren\u2019t helping matters, the decline in crude-oil prices appears [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":85352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-85933","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oil futures settle at lowest since early July, pressured by demand worries and a rise in U.S. supplies | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Oil futures declined on Thursday, with worries about energy demand and a sharp rise in U.S. crude inventories over the past two weeks leading 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