Yahoo Canada Web Search

Sign In

Search results

  1. www.reuters.com › business › energyOil falls 1% on sticky US inflation, dampened geopolitical ...

    May 21, 2024 · HOUSTON May 21 (Reuters) - Oil prices settled 1% lower on Tuesday as lingering U.S. inflation looked likely to keep interest rates higher for longer, weighing on fuel demand. Brent crude...

  2. www.timesnownews.com › explainer › why-did-oilWhy did oil prices fall sharply and how near is a possible ...

    Jul 6, 2022 · International oil prices dropped this week over fears of muted demand due to a possible recession. Citigroup Inc forecast that Brent crude could fall to $65 by the end of this year if there is a slowdown in the economy.

    • 10 min

  3. finance.yahoo.com › news › heres-why-oil-prices-fellHere's Why Oil Prices Fell Despite Another Inventory Draw

    Sep 1, 2022 · Crude Oil: The federal government’s EIA report revealed that crude inventories fell 3.3 million barrels compared to expectations of a 1.9 million-barrel decrease per the analysts surveyed by...

  4. www.forbes.com › sites › sergeiklebnikovOil Plunges To Lowest Level Since January—Here’s Why Experts ...

    Sep 23, 2022 · Oil prices continued to tank on Friday, posting a fourth straight week of declines and falling to their lowest level since January amid rising fears that a looming economic downturn will hurt...

    • Sergei Klebnikov

  5. tradingeconomics.com › commodity › crude-oilCrude Oil Price - Chart - Historical Data - TRADING ECONOMICS

    Crude Oil decreased 1.29 USD/BBL or 1.80% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on November of 2024.

  6. www.ft.com › content › 202d0463-184c-4b14-8eb9-6fc80Why the price of oil has dropped despite new constraints on ...

    Dec 9, 2022 · Why the price of oil has dropped despite new constraints on Russian supply. Crude settles at lowest level of 2022 after European embargo and G7 price cap take effect. An oil tanker in...

  7. People also ask

  8. www.reuters.com › markets › commoditiesOil gives up the year's gains, closing at 2022 low | Reuters

    Dec 7, 2022 · The price of oil fell to its lowest level this year on Wednesday, forfeiting all of the gains since Russia's invasion of Ukraine exacerbated the worst global energy supply crisis in decades.