Oil ends lower after a 3-day rally lifted prices to their highest since August - MarketWatch
1. Oil futures lost ground after a recent rally due to U.S. sanctions. 2. U.S. sanctions on Russia target major oil producers and tankers, raising concerns. 3. Demand uncertainty from China complicates oil market outlook amid supply pressures. 4. EIA forecasts global oil production to surpass consumption, impacting price dynamics.