Oil Prices Teeter as Supply Outlook Strengthens, China Boosts Economy Oil prices remained stable on Friday but were headed for a weekly decline as investors balanced expectations of increased output from Libya and OPEC+ against China’s new economic stimulus measures. Brent crude and WTI futures showed slight gains, but both benchmarks were on track for significant weekly losses. The market’s focus has been on Libya’s potential supply increase following a resolution of internal disputes, OPEC+’s planned production boost, and China’s efforts to stimulate its economy through interest rate cuts and liquidity injections. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts ‘Just a Matter of Time’ Before Gold Gets to $3,000 Says Bloomberg Strategist READ MORE US Wholesale Inflation Hits Annual High, Signaling More Price Hikes Ahead READ MORE Nearly One-Third of American Families 'One Crisis Away' from Poverty READ MORE Stress Tests Reveal Hundreds of U.S. Banks at Risk Due to Loans and Rate Hikes READ MORE Hyperinflation Hits Argentina – Which Country Could be Next? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment