U.S. crude oil rebounds more than 2%, closes above $67 a barrel after steep sell-off

Bearish sentiment has overtaken the market as OPEC cuts its demand outlook and traders worry about the amount of oil China needs if its economy remains weak.

Sep 12, 2024 - 10:00
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U.S. crude oil rebounds more than 2%, closes above $67 a barrel after steep sell-off
Bearish sentiment has overtaken the market as OPEC cuts its demand outlook and traders worry about the amount of oil China needs if its economy remains weak.