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U.S. oil prices log biggest weekly drop in a year
Oil prices set for biggest weekly loss in over a month on demand worries
Oil futures in inched lower and were headed for more than a 6% weekly drop on Friday on concerns about demand from China's slowing economy and easing supply risk from the Middle East conflict.
U.S. oil prices log biggest weekly drop in a year as demand concerns persist
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 worst weekly performance in about a year.
Oil Steady But on Track for Significant Weekly Loss
Oil prices were broadly stable in early European trading with concerns over sluggish demand in China weighed heavily on prices, but crude still finding underlying support from heightened geopolitical tensions in the Middle East after Israel killed Hamas leader Yahya Sinwar.
Crude oil prices edge higher
Crude Oil Prices Slide More Than 4%
Oil prices fell Tuesday after U.S. officials said Israel had assured the Biden administration that it wouldn't target Iran's oil or nuclear facilities in a planned a
Oil prices edge higher on US crude stockpiles draw
Oil prices inched up on Thursday, bouncing back from two-week lows, after data showed falling crude and fuel inventories in the United States. Brent crude futures settled at $74.45 a barrel, up 23 cents,
U.S. Crude Oil Stockpiles Fall Unexpectedly
U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record level, according to data released Thursday by the U.
9h
on MSN
Oil prices fall, weekly 7% drop on China demand woes, mixed Mideast outlook
Oil futures fell on Friday, declining more than 7% on the week after data showed China's economic growth slowed and investors ...
11h
Oil Prices May Be Heading For A Major Breakdown
With oil prices nearing $66, a break could signal significant changes. See more on how falling prices may impact yields and ...
1d
on MSN
Oil prices could soar 62% by early 2025 if the geopolitical situation deteriorates, Citi strategist says
Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions keep rising between Israel ...
7h
Is Big Oil going to push gas prices up before the election? Gavin Newsom says yes
“Big Oil wants to scare you into voting for @realDonaldTrump ,” he tweeted. “California just passed a bill cracking down on a ...
4d
Crude oil prices today: WTI prices are down 1.82% today
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, ...
1d
Oil prices find a floor after 4-day slide despite disappointing Chinese stimulus
Crude futures stabilized on Thursday, trading modestly higher after sliding for four sessions, but skepticism surrounding the ...
3d
Oil Prices Fall After Israel Reportedly Says It Won’t Target Iran’s Nuclear or Oil Facilities
Brent crude, the international benchmark, was trading at below $74 a barrel on Tuesday, a drop from the $80 range.
1d
Heightened Egyptian demand in tight market buoys European fuel oil prices
A spike in Egyptian imports of fuel oil used for power generation has coincided with lower supply in Europe, helping to push ...
14h
Oil prices extend Friday decline as U.S. benchmark heads for worst week in a year
Crude-oil prices moved lower Friday morning, with futures tied to the U.S.-traded benchmark on track for their worst weekly drop in a year. Concerns about weak demand have helped weigh on prices of ...
17h
Don’t Ignore Oil Price Heresies
Many price forecasts have been called misguided or heretical but ultimately proved valid. Pundits are too quick to embrace ...
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