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Crude Seeks Direction as Price Pain Intensifies

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Oil futures ended the session mixed after choppy trading within a narrow range on Tuesday, caught between potential inflationary demand impacts of high prices and persistent supply tightness.

The US major's capital spending will rise by more than 20% next year, but remains at the low end of its medium-term plans.
Thu, Dec 2, 2021
Opec-plus kept its powder dry and stuck with its agreed output relaxation schedule in the face of the new Omicron demand threat.
Thu, Dec 2, 2021