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Oil prices flat amid weak US demand, softening economy
Reutersยท 2025-09-11 02:04
Core Viewpoint - Oil prices remained stable on Thursday, influenced by weak demand in the United States and concerns over oversupply, despite geopolitical tensions in the Middle East and the ongoing conflict in Russia [1] Group 1: Oil Prices - Oil prices showed little change, indicating a cooling from previous sessions [1] - The stability in oil prices is attributed to weak demand in the U.S. market [1] - Broad oversupply risks are counteracting concerns related to geopolitical events [1] Group 2: Geopolitical Factors - Concerns over attacks in the Middle East are present but are not significantly impacting oil prices [1] - The ongoing war in Russia is also a factor, yet it is overshadowed by supply and demand dynamics [1]