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1. www.reuters.com › markets › commoditiesOil prices dip as investors fret over demand outlook | Reuters

   www.reuters.com › markets › commodities

   3 days ago · Crude oil prices fell 1% on Tuesday as weak U.S. consumer confidence data fed worries about the economic outlook and fuel demand after a slow start to the U.S. summer driving season.

2. www.businessinsider.com › oil-supply-outlookOil Outlook: Market Risks Supply Shortage As Peak Demand Is ...

   www.businessinsider.com › oil-supply-outlook

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   4 days ago · Oil prices have climbed higher over the past month as markets weigh the supply and demand outlook. Brent crude has surged 8% from its low in early June, trading around $84.51 a barrel on Monday.

3. Videos

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     What Determines Oil Prices?

     Dec 31, 2008

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     investopedia.com

     What Is Crude Oil, and Why Is It Important to Investors?

     Dec 31, 2008

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     vox.com

     Why oil prices keep falling — and throwing the world into turmoil

     Dec 16, 2014

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4. www.bloomberg.com › news › articlesNorth Sea Oil’s Bullish Phase Looks Set to Pass With US Influx

   www.bloomberg.com › news › articles

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   1 day ago · June 27, 2024 at 5:11 AM PDT. Listen. 2:44. A sudden and surprising upturn in the world’s most important oil price may be set to ease off thanks to an influx of supply from the US. Over the past ...

5. www.fxempire.com › forecasts › articleCrude Oil Price Forecast: At Key Decision Point | FXEmpire

   www.fxempire.com › forecasts › article

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   4 days ago · Crude oil has been pushing up against a resistance zone for four days as defined by a relatively narrow price range. Again, on Tuesday, crude rallied to a new trend high of 82.24 before ...

6. www.argusmedia.com › en › commoditiesLatest crude oil prices, news, and market insights | Argus Media

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   3 days ago · Access the latest crude oil prices and global market dynamics. In-depth analysis, news, and real-time updates on crude indexes. Your go-to source for oil insights.

7. www.morningstar.com › news › marketwatchU.S. oil prices fall as weekly domestic crude supplies rise ...

   www.morningstar.com › news › marketwatch

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   3 days ago · Price moves . West Texas Intermediate crude CL00 for August delivery CL.1 CLQ24 fell 18 cents, or 0.2%, to $80.65 a barrel on the New York Mercantile Exchange after losing 1% on Tuesday.August ...

8. People also ask

   Why did crude oil prices fall 1% on Tuesday?

   • HOUSTON, June 25 (Reuters) - Crude oil prices fell 1% on Tuesday as weak U.S. consumer confidence data fed worries about the economic outlook and fuel demand after a slow start to the U.S. summer driving season. Brent futures for August settled down $1, or 1.2%, at $85.01 a barrel. U.S. crude futures settled at $80.83, down 80 cents or 1%.

   Oil prices dip as investors fret over demand outlook

   www.reuters.com/markets/commodities/oil-prices-steady-markets-weigh-supply-tensions-china-economic-recovery-2024-06-25/

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   Why has the crude oil price dropped?

   • To help explain why the crude oil price has dropped you first need to understand that oil is a commodity, and as such it’s price fluctuates depending on supply and demand. The on-going coronavirus pandemic has caused the world to put huge restrictions on travel and business activities, this caused the demand for fuel to drop through the floor.

   What a drop in crude oil price means for heating oil in the UK?

   carnegiefuels.co.uk/what-drop-in-crude-oil-means-for-heating-oil-price/

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   What happens if crude oil drops?

   • Because so much of the price at the pump is not affected by crude oil prices, when they fall the consumer sees only a portion of the drop. In countries like the US, crude oil currently comprises half of gasoline’s costs. This means if crude oil drops another 50% the customer will only see an additional 25% drop in price.

   Hard evidence: why pump prices haven't fallen as fast as oil has

   theconversation.com/hard-evidence-why-pump-prices-havent-fallen-as-fast-as-oil-has-39162

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   What happens if oil prices drop?

   • For countries, like the UK, where crude oil currently comprises less than one-quarter of gasoline’s costs, a 50% drop in crude prices means customers will see less than a 12.5% drop in price. The supply of oil, especially from new US fields, is rapidly increasing. Demand in Europe and China appears to be slowing.

   Hard evidence: why pump prices haven't fallen as fast as oil has

   theconversation.com/hard-evidence-why-pump-prices-havent-fallen-as-fast-as-oil-has-39162

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   Why have oil prices climbed higher over the past month?

   • Oil prices have climbed higher over the past month as markets weigh the supply and demand outlook. Brent crude has surged 8% from its low in early June, trading around $84.51 a barrel on Monday.

   The oil market is at risk of a supply shortage as peak demand is still 10 y…

   www.businessinsider.com/oil-supply-outlook-shortage-crude-demand-production-opec-prices-brent-2024-6

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   Why did oil prices drop in 2023?

   • "While peak oil demand is still a decade away, capital is slowing for the production of crude oil and oil products, contributing to constrained supply in the medium term," they later added. Oil prices slumped at the end of 2023, in part due to booming crude production in the US and other countries.

   The oil market is at risk of a supply shortage as peak demand is still 10 y…

   www.businessinsider.com/oil-supply-outlook-shortage-crude-demand-production-opec-prices-brent-2024-6

   See all results for this question

9. www.straitstimes.com › business › companies-marketsOil prices ease on strong dollar and mixed global economic ...

   www.straitstimes.com › business › companies-markets

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   6 days ago · Jun 23, 2024, 03:09 PM. NEW YORK - Crude prices eased about 1 per cent on June 21 on worries that global oil demand growth could be hit by a strong US dollar and negative economic news from some ...