Oil Prices Dip on China Demand Worries

Oil futures dipped as US markets reopened after a holiday weekend, with investors eyeing China’s economy closely. China’s central bank’s interest rate cut to stimulate growth raised concerns about oil demand, overshadowing Red Sea supply risks. West Texas Intermediate (WTI) for April delivery fell 1.28% to $78.18 a barrel on the New York Mercantile Exchange. […]

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