Oil News: U.S. Crude Exports Set to Plateau Amid Weak Oil Demand from China

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Oil News: U.S. Crude Exports Set to Plateau Amid Weak Oil Demand from China

Light crude oil futures are seeing modest gains on Wednesday, testing critical support between $73.43 and $71.02. This comes as bullish traders attempt to halt a steep sell-off that drove prices from $78.98 on August 12 to $72.54 on August 20. The market has recorded losses in five of the last six trading sessions, reflecting significant downward pressure. Read full article HERE

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