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1. 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

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   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.

2. www.hl.co.uk › news › why-is-the-oil-price-fallingWhy is the oil price falling and what’s next for oil in 2024?

   www.hl.co.uk › news › why-is-the-oil-price-falling

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   The oil price still looks like it’s moving in a range, although it’s close to the lower end of this range right now. The average price of a barrel of Brent crude oil for 2024 so far is above ...

3. Videos

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     Why are oil prices falling - explained in 60 seconds?

     Nov 8, 2014

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     What's behind the falling price of oil? - Inside Story

     Jan 15, 2016

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     Why crude oil prices are falling today

     Nov 14, 2018

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4. 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 ...

   • Author: Camila Domonoske

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

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

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

   www.forbes.com › sites › gauravsharma

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   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 ...

7. www.cbc.ca › news › canadaThree years of roaring oil prices could be coming to an end

   www.cbc.ca › news › canada

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   Nov 5, 2024 · Oil prices are sliding and many experts are predicting the value of oil could fall further over the next year or two. That's because oil production around the world, including in Canada, is ...

8. 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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   Why did oil prices drop in June?

   • Falling manufacturing activity in China also inhibited prices, adding to concerns about demand growth after June data showed imports and refinery activity lower than a year earlier. Asia's crude imports in July fell to their lowest in two years, sapped by weak demand in China and India, data from LSEG Oil Research showed.

   Oil falls, Brent settles at 7-month low after disappointing US job

   www.reuters.com/business/energy/oil-set-fall-fourth-week-demand-concerns-weigh-sentiment-2024-08-02/

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   Is the oil price moving in a range?

   • The oil price still looks like it’s moving in a range, although it’s close to the lower end of this range right now. The average price of a barrel of Brent crude oil for 2024 so far is above $82 per barrel. This compares with an average price of $74 per barrel in the last five years.

   Why is the oil price falling and what’s next for oil in 2024?

   www.hl.co.uk/news/why-is-the-oil-price-falling-and-whats-next-for-oil-in-2024

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   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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   Did global oil prices drop below $70 a barrel?

   • SCOTT SIMON, HOST: This week, for the first time in nearly three years, global oil prices dropped below $70 a barrel. Prices rebounded a bit, but they are still down significantly. NPR's Camila Domonoske covers oil market and joins us now. Camila, thanks so much for being with us. CAMILA DOMONOSKE, BYLINE: Yeah, happy to be here, Scott.

   Oil prices plunge as demand from China falls : NPR

   www.npr.org/2024/09/14/nx-s1-5108858/oil-prices-plunge-as-demand-from-china-falls

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   Why are oil prices sliding?

   • But prices are expected to continue sliding because production here and abroad has grown faster than the world's consumption has climbed. (Kyle Bakx/CBC) Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three highly lucrative years with historic profits.

   Three years of roaring oil prices could be coming to an end

   www.cbc.ca/news/canada/calgary/oilpatch-2024-prices-gasoline-1.7373407

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9. www.reuters.com › business › energyOil falls, Brent settles at 7-month low after disappointing ...

   www.reuters.com › business › energy

   Aug 2, 2024 · 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.