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 Silver to $50? It Could Happen Sooner than You Think READ MORE True Inflation May Have Peaked in Late 2022 READ MORE ZeroHedge: Inflation Already Ruined Your Super Bowl Party READ MORE U.S. Labor Market Defies Expectations with Lower than Expected Jobless Claims READ MORE Labor Market Cooling Sparks Recession Fears in U.S. Economy READ MORE Add a Comment Cancel replyYour email address will not be published.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