Crude oil futures moved lower for a second straight session Nov. 8 amid persistent global demand growth headwinds and easing supply constraints. NYMEX December WTI dipped $2.88 to settle at $88.91/b and ICE January Brent decreased $2.56 to finish at $95.36/b. Weak growth indicators from China were a key factor weighing on prices, according to analysts, while increased supply from Kazakhstan was also pointing to a less tight market in the near term.
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