“U.S. crude oil holds above $72 per barrel after erasing most of 2024 gain”
August 22, 2024
“…The U.S. benchmark is now up just 0.91% for the year, while global benchmark Brent crude has erased all of its gains for 2024.
Oil prices settled more than 1% lower on Wednesday after U.S. job growth was revised significantly lower, renewing concerns about the strength of the world’s largest economy…”