Home Business News Oil settles down 2% on weak demand outlook, hefty US crude build

Oil settles down 2% on weak demand outlook, hefty US crude build

Oil settles down 2% on weak demand outlook, hefty US crude build

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Published: August 14, 2026 01:17:08 IST

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By Siddharth Cavale NEW YORK, Aug 13 (Reuters) – Oil settled down more than 2% on Thursday, reversing course after a week of gains, as investors focused on signs of weaker global demand and a sharp

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