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Investors worried about global oil demand
- Oil prices dropped around 5% on Thursday to their lowest in four months, as investors worried about global oil demand following weak data from the U.S. and Asia.
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Why did oil prices drop 5%?
Why did global oil prices drop?
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Why did oil futures drop 5% on Tuesday?
Why did oil prices plunge 5 a barrel?
Will a slowdown in demand stave off a global oil supply deficit?
5 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 ...
- Oil prices drop over 5% on economic worries as supply ...
Oil futures drop by more than 5% on Tuesday, with worries...
- Oil prices drop over 5% on economic worries as supply ...
4 days ago · Brent crude, the international oil benchmark, pared some of its steepest losses by mid-morning and was down by about 5% to $72.13 a barrel. US oil prices fell over 5% to $67.90 a barrel.
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....
Oct 4, 2023 · Oil prices plunged by more than $5 a barrel on Wednesday over concerns that sharp increases in borrowing costs caused by higher interest rates could dent economic growth.
- Jamie Smyth
Aug 30, 2022 · Oil futures drop by more than 5% on Tuesday, with worries over the economic outlook and energy demand, along with news reports that help to ease concerns over tight supplies, sending prices...
Nov 17, 2023 · Oil prices dropped around 5% on Thursday to their lowest in four months, as investors worried about global oil demand following weak data from the U.S. and Asia.
5 days ago · Iran accounts for up to 4% of global oil supplies, according to the U.S. Energy Information Administration. "The recent Israel military action is unlikely to be seen by the market as leading to an ...