Oil prices settle lower, pull back from 2023 highs

News Room
By News Room 0 Min Read

Oil futures settled lower on Thursday, with prices easing back after the U.S. benchmark rose for nine consecutive sessions to its highest levels of the year.

A government report showing a more than 6 million-barrel drop in weekly domestic crude supplies, however, helped to limit price losses for oil.

Price action

Supply data

The…

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