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16h agoOil prices decline, on track for third month of losses
Oil prices slipped as both supply and demand factors weighed on the market — a stronger U.S. dollar and ample output from major producers dampened gains even after geopolitical shocks. Brent crude futures fell to about $64.64 a barrel while U.S. WTI crude traded near $60.14, both marking a potential third consecutive monthly decline. Weak manufacturing data from key regions further added to the pressure. Market watchers said the outlook for oil may remain subdued unless there is a meaningful shift in demand or supply disruptions.
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negative
16h agoOil prices decline, on track for third month of losses
Oil prices slipped as both supply and demand factors weighed on the market — a stronger U.S. dollar and ample output from major producers dampened gains even after geopolitical shocks. Brent crude futures fell to about $64.64 a barrel while U.S. WTI crude traded near $60.14, both marking a potential third consecutive monthly decline. Weak manufacturing data from key regions further added to the pressure. Market watchers said the outlook for oil may remain subdued unless there is a meaningful shift in demand or supply disruptions.
Explore:Mutual Fund Tools
negative
Oil prices decline, on track for third month of losses
about 16 hours ago
1 min read
86 words
Oil heads for a third straight monthly drop amid strong dollar, surplus supply and weak demand signals.
Oil prices slipped as both supply and demand factors weighed on the market — a stronger U.S. dollar and ample output from major producers dampened gains even after geopolitical shocks. Brent crude futures fell to about $64.64 a barrel while U.S. WTI crude traded near $60.14, both marking a potential third consecutive monthly decline. Weak manufacturing data from key regions further added to the pressure. Market watchers said the outlook for oil may remain subdued unless there is a meaningful shift in demand or supply disruptions.
Oil prices slipped as both supply and demand factors weighed on the market — a stronger U.S. dollar and ample output from major producers dampened gains even after geopolitical shocks. Brent crude futures fell to about $64.64 a barrel while U.S. WTI crude traded near $60.14, both marking a potential third consecutive monthly decline. Weak manufacturing data from key regions further added to the pressure. Market watchers said the outlook for oil may remain subdued unless there is a meaningful shift in demand or supply disruptions.
Tags:
commodities
oil
commodities
oil
energy markets
dollar
supply demand
Oct 31, 2025 • 07:32 IST