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1. Top Stories

   • 

     The Globe and Mail

     Oil prices fall, weekly 7 per cent drop on China demand woes, mixed Mideast outlook

     17 hours ago

   • 

     ConsumerAffairs

     Gasoline prices keep falling in 2024. Here's why

     1 week ago

   • 

     Reuters on MSN.com

     Oil prices fall $3 a barrel on war pause

     2 weeks ago

   • The Globe and Mail

     Oil Prices Fall 4% As Middle East Tensions Ease

     %Oil prices are down 4% and at their lowest level in two weeks as tensions across the Middle East subside and demand in China weakens. The price of crude oil fell sharply on media reports that Israel does not plan to strike Iranian oil fields in retaliation for missiles fired at the country in recent weeks.

     4 days ago

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2. 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

   • Cached

   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.

   • Author: Nicole Goodkind

3. www.ft.com › content › dce711a3-5b03-46e1-b9ff-41dbaOil prices to keep falling as demand weakens, says IEA head

   www.ft.com › content › dce711a3-5b03-46e1-b9ff-41dba

   Sep 12, 2024 · Oil prices to keep falling as demand weakens, says IEA head. Brent has fallen below $70 for first time in 3 years, delaying Opec plans for production increases. The IEA believes that oil demand is ...

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

   www.forbes.com › sites › gauravsharma

   • Cached

   Aug 21, 2024 · The oil futures market continues to endure a torrid trading year well past the midway point of the third quarter of 2024 as China's crude demand fails to fire up. ... Free Falling: Why Oil Is Down ...

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

   www.investopedia.com › why-oil-prices-falling-8678586

   • Cached

   Jul 16, 2024 · Global oil prices slid for the third straight day Tuesday, reflecting investors' deepening concerns about declining demand. Brent crude, the global price benchmark, for September delivery fell as ...

6. www.marketwatch.com › story › oil-prices-head-forU.S. oil prices log biggest weekly drop in a year as demand ...

   www.marketwatch.com › story › oil-prices-head-for

   1 day ago · Crude futures finished with a loss on Friday, just a day after posting a gain for the first time in five days, with prices of the U.S.-traded benchmark ending below $70 a barrel and marking its ...

7. Videos

   • 

     2:21

     youtube.com

     Crude Oil Prices Drop 6% This Week Amid Global Demand Slowdown Concerns | CNBC TV18

     Oct 18, 2024

     409 Views

   • 

     2:51

     youtube.com

     Impact Of Falling Oil Prices On OMCs: Will The Street Ignore Q2 Inventory Loss & Bet On Solid Q3?

     Oct 18, 2024

   • 

     1:28

     youtube.com

     Crude Oil Prices Decline 2.5% Overnight As OPEC Cuts Global Demand Forecast | CNBC TV18

     Oct 14, 2024

     1.3K Views

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8. 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 ...

9. www.reuters.com › business › energyOil drops as OPEC+ boosts supply even though demand is shaky

   www.reuters.com › business › energy

   Jun 4, 2024 · U.S. inventory and product data due on Tuesday, Wednesday. HOUSTON, June 4 (Reuters) - Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision to boost supply later ...

10. People also ask

    Why did global oil prices drop?

    • Global oil prices slid for the third straight day Tuesday, reflecting investors' deepening concerns about declining demand. Brent crude, the global price benchmark, for September delivery fell as much as 1.7% to a one-month low of $83.40 per barrel. Since July 4, brent crude has dropped 4.6%.

    Why Oil Prices Have Been Falling - Investopedia

    www.investopedia.com/why-oil-prices-falling-8678586

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    Will oil prices keep falling?

    • Oil prices are likely to keep falling, the head of the International Energy Agency has said, as producers continue to pump volumes that exceed global demand. “Given the current weak demand and lots of oil coming from the non-Opec countries, mainly from America and others, we may well see downward pressure on the price,” said Fatih Birol.

    Oil prices to keep falling as demand weakens, says IEA head

    www.ft.com/content/dce711a3-5b03-46e1-b9ff-41dba57ef0b8

    See all results for this question

    Why did oil prices fall more than $1 a barrel?

    • HOUSTON, June 4 (Reuters) - Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already shown signs of weakness. Extending losses from a four-month low reached on Monday, Brent crude futures settled down 84 cents, or 1.07%, at $77.52 a barrel.

    Oil drops as OPEC+ boosts supply even though demand is shaky

    www.reuters.com/business/energy/oil-prices-extend-losses-worries-supply-rising-later-2024-2024-06-04/

    See all results for this question

    Why is the oil market slowing down?

    • The main reason for the slower growth of the oil market is China, he said. “In the last 10 years, around 60 per cent of global oil demand growth has come from China. Now the Chinese economy is slowing down,” Birol said. Global supply and demand (mn barrels a day)

    Oil prices to keep falling as demand weakens, says IEA head

    www.ft.com/content/dce711a3-5b03-46e1-b9ff-41dba57ef0b8

    See all results for this question

    Why are gas prices falling?

    • Markets are also fretting over a projected decline in demand for crude, especially in China, where there are ongoing signs of a weakening economy. 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.

    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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    Is crude oil demand going down?

    • In the near term, as far as the demand for crude oil markets, it’s been a little different. Last month imports fell by about 10% from the month prior, and there’s been a year-over-year drop of 9.3%. You’re seeing crude oil demand into China going down.

    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

    See all results for this question