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  1. www.eia.gov › todayinenergy › detailCrude oil prices increased in first-half 2022 and declined in ...

    Jan 4, 2023 · On December 8, the price of Brent crude oil reached the lowest 2022 price, at $75/b. Crude oil supply also increased in the second half of the year from U.S. and international Strategic Petroleum Reserve release programs, which increased the global supply of crude oil.

    • Brent

      The Brent crude oil price decline on November 26 was among...

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

    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....

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

    Dec 11, 2023 · Do you see oil prices remaining low in 2024? Stewart: I do see the first part of the year starting out a little lower. If we see a weakening economy, it will impact demand and send prices...

  5. www.iea.org › reports › oil-market-report-december-2022Oil Market Report - December 2022 – Analysis - IEA

    • World oil demand is set to contract by 110 kb/d y-o-y in 4Q22, reaching 100.8 mb/d, up by 130 kb/d compared with last month’s Report. Strong gasoil use in key consuming countries outweighs weak European and Asian petrochemical deliveries.
    • World oil supply fell 190 kb/d in November to 101.7 mb/d, breaking a five-month uptrend, after Saudi Arabia and other Gulf countries curbed supply in line with lower OPEC+ output targets.
    • Global refinery throughputs surged 2.2 mb/d in November to the highest since January 2020, resulting in sharply lower diesel and gasoline cracks and refinery margins.
    • Russian oil exports increased by 270 kb/d to 8.1 mb/d, the highest since April as diesel exports rose by 300 kb/d to 1.1 mb/d. Crude oil loadings were largely unchanged m-o-m, even as shipments to the EU fell by 430 kb/d to 1.1 mb/d.

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

    Sep 30, 2022 · On a day when the benchmark price for a barrel of oil lost about a dollar, gasoline prices skyrocketed in parts of the country on Thursday, with Thunder Bay seeing average prices jump by as...

  7. www.cbsnews.com › news › gas-prices-crude-oil-whyCrude oil prices are sinking. So why are gas prices still high?

    Apr 25, 2022 · Gas stations tend to lower prices gradually when crude oil drops, one expert says. Here's why.

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  9. www.opec.org › opec_web › enMonthly Oil Market Report 2022 - OPEC

    The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.