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1. • • Oil prices fell on Friday, with Brent settling at its lowest since January, after data showed the U.S. economy added fewer jobs than expected last month and weak Chinese economic data added pressure.
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     Oil falls, Brent settles at 7-month low after disappointing ...

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   Why did oil prices fall more than $1 a barrel?

   • HOUSTON, June 4 (Reuters) - Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness. Extending losses from a four-month low reached on Monday, Brent crude futures settled down 84 cents, or 1.07%, at $77.52 a barrel.

   Oil drops as OPEC+ boosts supply even though demand is shaky

   www.reuters.com/business/energy/oil-prices-extend-losses-worries-supply-rising-later-2024-2024-06-04/

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   Why did global oil prices drop?

   • Global oil prices slid for the third straight day Tuesday, reflecting investors' deepening concerns about declining demand. Brent crude, the global price benchmark, for September delivery fell as much as 1.7% to a one-month low of $83.40 per barrel. Since July 4, brent crude has dropped 4.6%.

   Why Oil Prices Have Been Falling - Investopedia

   www.investopedia.com/why-oil-prices-falling-8678586

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   Why did oil prices drop in June?

   • Falling manufacturing activity in China also inhibited prices, adding to concerns about demand growth after June data showed imports and refinery activity lower than a year earlier. Asia's crude imports in July fell to their lowest in two years, sapped by weak demand in China and India, data from LSEG Oil Research showed.

   Oil falls, Brent settles at 7-month low after disappointing US job

   www.reuters.com/business/energy/oil-set-fall-fourth-week-demand-concerns-weigh-sentiment-2024-08-02/

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   Why did oil prices drop from 2014 to 2016?

   • Last observation is 2017Q2. The initial drop in oil prices from mid-2014 to early 2015 was primarily driven by supply factors, including booming U.S. oil production, receding geopolitical concerns, and shifting OPEC policies. However, deteriorating demand prospects played a role as well, particularly from mid-2015 to early 2016.

   What triggered the oil price plunge of 2014-2016 and why it failed to d…

   blogs.worldbank.org/en/developmenttalk/what-triggered-oil-price-plunge-2014-2016-and-why-it-failed-deliver-economic-impetus-eight-charts

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   How did shale oil affect oil prices?

   • Booming U.S. shale oil production played a significant role in the oil price plunge from mid-2014 to early 2016. Efficiency gains in the sector lowered break-even prices considerably, making U.S. shale oil the de facto marginal cost producer on the international oil market. Source: Rystad Energy NASWellCube Premium.

   What triggered the oil price plunge of 2014-2016 and why it failed to d…

   blogs.worldbank.org/en/developmenttalk/what-triggered-oil-price-plunge-2014-2016-and-why-it-failed-deliver-economic-impetus-eight-charts

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   Why are US oil futures falling?

   • Link Copied! David Zalubowski/AP US oil futures notched their seventh straight week of declines on Friday, marking their longest losing streak in five years. The prolonged drop comes as analysts worry about increased production around the globe and shrug off the Organization of the Petroleum Exporting Countries’ promises to limit supply.

   Oil prices have been falling for seven weeks straight. Here’s why - CNN

   www.cnn.com/2023/12/11/investing/premarket-stocks-oil-gas-prices/index.html

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3. www.cnn.com › 2023/12/11 › investingOil prices have been falling for seven weeks straight. Here’s why

   www.cnn.com › 2023/12/11 › investing

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   Dec 11, 2023 · New York CNN — US oil futures notched their seventh straight week of declines on Friday, marking their longest losing streak in five years. The prolonged drop comes as analysts worry about...

   • Author: Nicole Goodkind

4. www.investopedia.com › why-oil-prices-falling-8678586Why Oil Prices Have Been Falling - Investopedia

   www.investopedia.com › why-oil-prices-falling-8678586

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   Jul 16, 2024 · Global oil prices fell for the third straight day, extending a drop of almost 5% since July 4. Growing concerns about weakening demand, particularly from China, have fed the decline.

5. www.reuters.com › business › energyOil falls, Brent settles at 7-month low after disappointing ...

   www.reuters.com › business › energy

   Aug 2, 2024 · Oil prices fell on Friday, with Brent settling at its lowest since January, after data showed the U.S. economy added fewer jobs than expected last month and weak Chinese economic data added...

6. blogs.worldbank.org › en › developmenttalkWhat triggered the oil price plunge of 2014-2016 and why it ...

   blogs.worldbank.org › en › developmenttalk

   • Cached

   Jan 18, 2018 · Booming U.S. shale oil production played a significant role in the oil price plunge from mid-2014 to early 2016. Efficiency gains in the sector lowered break-even prices considerably, making U.S. shale oil the de facto marginal cost producer on the international oil market.

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7. www.cbc.ca › news › businessOil prices have fallen — so why is the price of gasoline ...

   www.cbc.ca › news › business

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   Sep 30, 2022 · While a lot goes into the price that drivers pay at the pumps, the main culprit in B.C. right now is a shutdown of one of the region's main refineries, reducing the supply...

8. www.ft.com › content › a5292644-958d-4065-92e8-ace55US oil price below zero for first time in history

   www.ft.com › content › a5292644-958d-4065-92e8-ace55

   Apr 20, 2020 · US oil prices crashed into negative territory for the first time in history as the evaporation of demand caused by the coronavirus pandemic left the world awash with oil and not enough...

9. www.reuters.com › business › energyOil drops as OPEC+ boosts supply even though demand is shaky

   www.reuters.com › business › energy

   Jun 4, 2024 · Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness.