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- 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.
Dec 11, 2023 · US oil prices notched their seventh straight week of declines on Friday, marking their longest losing streak in five years.
Want to know why the price of oil is falling, what it means for stock markets and what could be next for the oil price in 2024? Find out now.
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.
Aug 21, 2024 · Prevailing intraday prices implied a 12-month slump of nearly 10% for Brent and a 1% decline since January, indicative of a benchmark that has barely moved from the level it started the year at...
Crude oil prices falling again; why they could not sustain above $50. With a week to go for Brexit vote, oil and other markets remain choppy. A so-called Brexit can lead to a Europe-wide recession and can hit demand for oil.
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...
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Sep 12, 2024 · 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.