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1. • • The price for U.S. benchmark crude tumbled 6% Monday after a weekend retaliatory strike by Israel on Iran targeted military sites rather than the oilfields of the world’s seventh largest producer of crude. That puts the price of a barrel of U.S. crude well under $70 after it jumped above $77 earlier this month.
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     Oil prices fall as reality of weak global demand overtakes ...

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   Why did the price of crude drop 6% Monday?

   • The price for U.S. benchmark crude tumbled 6% Monday after a weekend retaliatory strike by Israel on Iran targeted military sites rather than the oilfields of the world’s seventh largest producer of crude. That puts the price of a barrel of U.S. crude well under $70 after it jumped above $77 earlier this month.

   Oil prices fall as reality of weak global demand overtakes risk of wider w…

   apnews.com/article/oil-prices-gasoline-israel-iran-6fb7f2e57072a09287374d67b4fda16a

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   What's going on with oil and gas prices?

   • Here’s a look at the current situation and the outlook for oil and gas prices: The price for U.S. benchmark crude tumbled 6% Monday after a weekend retaliatory strike by Israel on Iran targeted military sites rather than the oilfields of the world’s seventh largest producer of crude.

   Oil prices fall as reality of weak global demand overtakes risk of wider w…

   apnews.com/article/oil-prices-gasoline-israel-iran-6fb7f2e57072a09287374d67b4fda16a

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   Why do US gas prices follow crude?

   • U.S. gas prices loosely follow crude because the price of oil makes up half the cost of a gallon of gasoline. Between Friday and Monday, during which Israel launched a measured counterstrike in Iran, the price for a barrel of oil tumbled $4. OPEC has tried to establish a floor for oil prices this year with little success.

   Oil prices fall as reality of weak global demand overtakes risk of wider w…

   apnews.com/article/oil-prices-gasoline-israel-iran-6fb7f2e57072a09287374d67b4fda16a

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   Will a conflict in the Middle East affect oil prices?

   • Iran is the world’s 7th largest oil producer, but a wider conflict in the Middle East could have an impact for some of the world’s largest energy producers in the region. With many seeing that threat diminishing, at least in the near term, the price of benchmark U.S. crude and Brent crude, the international benchmark, tumbled 6% Monday.

   Oil prices fall as reality of weak global demand overtakes risk of wider w…

   apnews.com/article/oil-prices-gasoline-israel-iran-6fb7f2e57072a09287374d67b4fda16a

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   Why are oil prices falling sharply after Israel retaliatory strike?

   • (AP Photo/Ohad Zwigenberg, File) Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared.

   Oil prices fall as reality of weak global demand overtakes risk of wider w…

   apnews.com/article/oil-prices-gasoline-israel-iran-6fb7f2e57072a09287374d67b4fda16a

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   How much does a barrel of oil cost?

   • That puts the price of a barrel of U.S. crude well under $70 after it jumped above $77 earlier this month. Oil and gasoline prices are each down sharply from their yearly highs in April. A gallon of gas at more than half the pumps in the U.S. can be had for less than $3, according to energy analysts.

   Oil prices fall as reality of weak global demand overtakes risk of wider w…

   apnews.com/article/oil-prices-gasoline-israel-iran-6fb7f2e57072a09287374d67b4fda16a

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3. www.marketwatch.com › story › oil-prices-drop-5Oil prices drop over 6% after Israeli airstrikes spare Iran’s ...

   www.marketwatch.com › story › oil-prices-drop-5

   4 days ago · December Brent crude BRNZ24, the global benchmark, dropped $4.63, or 6.1%, to $71.42 a barrel on ICE Futures Europe, also the largest daily percentage drop since July 2022. November gasoline RBX24 ...

4. apnews.com › article › oil-prices-gasoline-israelOil prices fall as reality of weak global demand overtakes ...

   apnews.com › article › oil-prices-gasoline-israel

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   3 days ago · The price for U.S. benchmark crude tumbled 6% Monday after a weekend retaliatory strike by Israel on Iran targeted military sites rather than the oilfields of the world’s seventh largest producer of crude.

5. www.barrons.com › articles › crude-oil-price-exxonWhy Oil Prices Are Falling After Israel's Airstrikes Against ...

   www.barrons.com › articles › crude-oil-price-exxon

   4 days ago · Oil prices were falling sharply on Monday. West Texas Intermediate, the U.S. benchmark, declined 6% to $67.50 a barrel. Brent crude, the international standard, dropped 5.6% to $71.37 a barrel.

6. www.msn.com › en-us › moneyOil prices plunge after Israel shows restraint in ... - MSN

   www.msn.com › en-us › money

   International and U.S. benchmarks both fell Monday, with Brent Crude dropping by at least 5.6% to $71.37 a barrel and West Texas Intermediate falling by 6% to $67.50, according to Barron's ...

7. kdvr.com › news › moneyOil prices fall as reality of weak global demand overtakes ...

   kdvr.com › news › money

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   3 days ago · Brief jump in prices ends as weak demand takes center stage again. The price for U.S. benchmark crude tumbled 6% Monday after a weekend retaliatory strike by Israel on Iran targeted military sites ...

8. www.reuters.com › business › energyOil prices likely to fall after Israel shows restraint in ...

   www.reuters.com › business › energy

   5 days ago · Oil prices are expected to fall when trading resumes on Monday as Israel's retaliatory strike on Iran over the weekend bypassed Tehran's oil and nuclear infrastructure and did not disrupt energy ...

9. www.channelnewsasia.com › business › oil-falls-6Oil falls 6% on reduced risk of wider Middle East war - CNA

   www.channelnewsasia.com › business › oil-falls-6

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   4 days ago · 28 Oct 2024 05:47PM (Updated: 29 Oct 2024 03:15AM) HOUSTON :Oil prices tumbled 6 per cent on Monday, or more than $4 a barrel, after Saturday's retaliatory strike by Israel against Iran's military ...