Crude oil adds to losses as prolonged OPEC+ production cuts leave market indifferent

Dec. June 6, 2024, 6:50 p.m. ETThe Energy Select Sector SPDR® Fund ETF (XLE), TO USEUCO, WHAT, OXY, DVN, UFE, CLC, traditional knowledge, UL, KEP, BOD, UNG, EDN, FCG, BPD, TAC, USL, SCO, UNL, BNO, AMTX, CTGO, BOIL, COLD, JET, DROP, USOI, NINE, SGML, KLXE, ENF, CO1:COM, NG1:COM, CL1:COM, RMS, PPTA, SOC, NPWR, WAVE, AC/DC, ASPI, ICONBy: Carl Surran, SA News Editor

Crude oil futures fell Friday and posted losses for the week, a day after a decision by OPEC and its allies to further delay a planned rollback of production cuts failed to soften the prospects of a crude surplus.

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