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1. www.bnnbloomberg.ca › markets › oilOil Dips to Nearly Two-Month Low Amid Shaky Demand, OPEC Watch

   www.bnnbloomberg.ca › markets › oil

   Jul 30, 2024 · Photographer: Bing Guan/Bloomberg. (Bloomberg) -- Oil retreated to the lowest in almost two months as the outlook for demand in China remained gloomy while traders looked ahead to key data points. West Texas Intermediate settled below $75 a barrel at the lowest closing price since June 5. Technical measures including the relative strength index ...

   • Author: Julia Fanzeres

2. markets.businessinsider.com › news › commoditiesOil Prices Have Plunged 30% in 2 Months. Here's Why, and What ...

   markets.businessinsider.com › news › commodities

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   Aug 10, 2022 · Oil prices have tumbled over the last two months, with Brent and WTI crude down more than 20% since June. The three Rs help explain why: recession fears, resilient Russian production, and ...

   • Author: Harry Robertson

   • Founder: Thomas Greaney And Finanzen.Net

3. markets.businessinsider.com › news › commoditiesWhy oil prices have cratered to their lowest level in nearly ...

   markets.businessinsider.com › news › commodities

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   Sep 10, 2024 · Anton Petrus/Getty Images. Oil prices plunged to their lowest level since December 2021, with Brent oil falling 4% to $68.99 on Tuesday. Supply and demand issues, including a slowdown in China's ...

   • Founder: Thomas Greaney And Finanzen.Net

4. www.ft.com › content › 89d77073-4f0c-446e-a187-fe92Oil slumps to lowest in five months despite Opec+ production cuts

   www.ft.com › content › 89d77073-4f0c-446e-a187-fe92

   Dec 6, 2023 · The US benchmark, West Texas Intermediate, dropped 4.1 per cent to $69.38 a barrel. The declines mark a five-day losing streak for global crude prices, despite Saudi Arabia and Russia leading the ...

   • Author: Lukanyo Mnyanda

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

   www.ft.com › content › 202d0463-184c-4b14-8eb9-6fc80

   Dec 9, 2022 · Oil prices have not soared but slipped, adding fuel to an argument made by Saudi energy minister Prince Abdulaziz bin Salman that in the face of a weakening global economy, pre-emptive cuts were ...

6. www.morningstar.com › news › marketwatchWhy oil prices just dropped to their lowest since July

   www.morningstar.com › news › marketwatch

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   Nov 7, 2023 · On Tuesday, the December futures contract for U.S. benchmark West Texas Intermediate oil (CLZ23) (CL.1) fell by $3.45, or 4.3%, to settle at $77.37 a barrel on the New York Mercantile Exchange ...

7. People also ask

   Why was oil retreated to the lowest in two months?

   • Photographer: Bing Guan/Bloomberg (Bloomberg) -- Oil retreated to the lowest in almost two months as the outlook for demand in China remained gloomy while traders looked ahead to key data points. West Texas Intermediate settled below $75 a barrel at the lowest closing price since June 5.

   Oil Dips to Nearly Two-Month Low Amid Shaky Demand, OPEC Watch …

   www.bnnbloomberg.ca/markets/oil/2024/07/30/oil-dips-back-to-seven-week-low-with-eyes-on-shaky-demand/

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   Why did oil prices fall 4% on Tuesday?

   • Oil prices plunged to their lowest level since December 2021, with Brent oil falling 4% to $68.99 on Tuesday. Supply and demand issues, including a slowdown in China's economy, are pressuring prices. OPEC cut its oil demand outlook and delayed production boosts, while US production hits record highs.

   Oil Prices Fall to Lowest Level Since 2021 on Demand Concerns - Markets

   markets.businessinsider.com/news/commodities/oil-prices-outlook-supply-demand-break-down-record-us-production-2024-9

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   Why did oil drop Tuesday?

   • Oil's price drop Tuesday to the lowest finish in three-and-a-half months may come as a surprise to traders focused on the risk of crude supply disruptions in the Middle East, but not so much to those who have assessed the latest global economic data. Some economic data have pointed to the potential for a slowdown in energy demand.

   Why oil prices just dropped to their lowest since July

   www.morningstar.com/news/marketwatch/20231107271/why-oil-prices-just-dropped-to-their-lowest-since-july

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   Why have oil prices tumbled so much in 2 months?

   • Oil prices have tumbled almost 30% in 2 months. Here's why, and what could happen next. Oil prices have tumbled over the last two months, with Brent and WTI crude down more than 20% since June. The three Rs help explain why: recession fears, resilient Russian production, and retreating demand.

   Oil prices have tumbled almost 30% in 2 months. Here's why, and what

   markets.businessinsider.com/news/commodities/why-oil-prices-have-fallen-recession-russian-production-demand-outlook-2022-8

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   Will oil prices rebound in the next two months?

   • U.S. oil prices are unlikely to rebound much in the next two months – unless there is another depletion of deliverable supplies at Cushing and a broader drawdown on the Gulf Coast. Related columns: - Oil traders expect large inventory draw in third quarter (June 28, 2024)

   US crude oil prices retreat amid doubts about further stock draw

   www.reuters.com/business/energy/us-crude-oil-prices-retreat-amid-doubts-about-further-stock-draw-kemp-2024-07-25/

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   Why have oil prices come back down to Earth?

   • Oil prices have come back down to earth after soaring in the wake of Russia's invasion of Ukraine, to the relief of politicians, companies, and drivers everywhere. WTI crude, the US benchmark oil price, has fallen 28% since its most recent highs in early June, to trade at around $90 a barrel Wednesday.

   Oil prices have tumbled almost 30% in 2 months. Here's why, and what

   markets.businessinsider.com/news/commodities/why-oil-prices-have-fallen-recession-russian-production-demand-outlook-2022-8

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8. www.reuters.com › business › energyUS crude oil prices retreat amid doubts about further stock ...

   www.reuters.com › business › energy

   Jul 25, 2024 · U.S. oil prices are unlikely to rebound much in the next two months – unless there is another depletion of deliverable supplies at Cushing and a broader drawdown on the Gulf Coast. Related columns: