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1. 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 · Chinese consumer prices are falling at their fastest rate since the depths of the pandemic in late 2020. US gas prices, meanwhile, have dropped to an average of about $3.19 per gallon.

2. www.npr.org › 2024/09/14 › nx-s1-5108858Oil prices plunge as demand from China falls : NPR

   www.npr.org › 2024/09/14 › nx-s1-5108858

   Sep 14, 2024 · The price of oil has dropped sharply over the last few weeks as demand from China, and possibly the U.S., is expected to fall. SCOTT SIMON, HOST: This week, for the first time in nearly three ...

   • Author: Camila Domonoske

3. www.forbes.com › sites › gauravsharmaFree Falling: Why Oil Is Down By Nearly 10% In 2024 And Sliding

   www.forbes.com › sites › gauravsharma

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   Aug 21, 2024 · If anything, 2025 may get a whole lot worse. "Soft China oil demand and downside risks to China GDP growth strengthen our view that the risks to our $75-90 Brent range in 2025 skew to the downside ...

4. www.msn.com › en-us › moneyOil prices have been falling for seven weeks straight. Here’s why

   www.msn.com › en-us › money

   Here’s why. Story by Analysis by Nicole Goodkind, CNN. • 10mo. US oil futures notched their seventh straight week of declines on Friday, marking their longest losing streak in five years. The ...

5. oilprice.com › Energy › Oil-PricesOil Price News | OilPrice.com

   oilprice.com › Energy › Oil-Prices

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   Sep 13, 2024 · China imported in August the highest monthly volume of crude oil for a year as purchases increased with the fall in international oil prices when cargoes were contracted. … < First < 1 /128 2 3 ...

6. www.hl.co.uk › news › why-is-the-oil-price-fallingWhy is the oil price falling and what’s next for oil in 2024?

   www.hl.co.uk › news › why-is-the-oil-price-falling

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   The oil price still looks like it’s moving in a range, although it’s close to the lower end of this range right now. The average price of a barrel of Brent crude oil for 2024 so far is above ...

7. People also ask

   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 do oil prices go down?

   • Oil prices are part psychology. So while there are real reasons for prices to go down right now, the market sometimes overreacts and then corrects itself. And you can kind of think of the last few weeks here as a collective freak-out followed by a little bit of a pep talk.

   Oil prices plunge as demand from China falls : NPR

   www.npr.org/2024/09/14/nx-s1-5108858/oil-prices-plunge-as-demand-from-china-falls

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   Why did oil prices start the week with a gain?

   • Oil prices started the week with a gain after slumping to the lowest in nearly three years, with analysts of a mostly unanimous opinion that bearish factors are stronger than… Hedge funds and other asset managers have never been more pessimistic about the outlook for petroleum prices, as signs multiply that the major industrial economies are…

   Oil Price News | OilPrice.com

   oilprice.com/Energy/Oil-Prices/

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   Why are US oil futures falling?

   • 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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   Why did China Import the most crude oil in August?

   • China imported in August the highest monthly volume of crude oil for a year as purchases increased with the fall in international oil prices when cargoes were contracted. … Crude oil price analysis and research that covers crude oil futures and oil price forecasts. We also look at events that cause oil price movements.

   Oil Price News | OilPrice.com

   oilprice.com/Energy/Oil-Prices/

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   Why are oil prices so low in China?

   • When an economy grows more, it uses more oil, and China is experiencing this economic slowdown that means not as much oil as expected. And so because of China, there is a lot of anxiety in oil markets, that the world is simply making too much oil for where demand is going to be, and that always pushes prices down.

   Oil prices plunge as demand from China falls : NPR

   www.npr.org/2024/09/14/nx-s1-5108858/oil-prices-plunge-as-demand-from-china-falls

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8. 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 pressure.