Oil futures were sharply lower Thursday, with prices logging their lowest settlement since mid-September, as worries about rising cases of COVID-19 feed expectations for a slowdown in energy demand.
Futures Movers: Oil Settles At Lowest Price In More Than 2 Weeks
MarketWatch.com - Top Stories, MarketWatch
Thu, 10/01/2020 - 12:06pm
BING NEWS:
- Oil prices see ‘oversold bounce’ after recent losses as traders weigh a rise in U.S. supply
Oil futures settled higher on Wednesday, with prices recouping a portion of their losses from a five-session decline.
06/5/2024 - 8:21 am | View Link - Oil rises 1% as Fed rate cut optimism offsets demand fears
Oil prices climbed 1% on Wednesday, rebounding from four-month lows, as hopes of an interest rate cut by the U.S. Federal Reserve in September outweighed demand concern after data showed builds in U.S ...
06/5/2024 - 7:34 am | View Link - Plummeting oil, diesel, and copper prices signal economic stress. Here’s why.
Some commodities can serve as barometers of economic activity, and the recent sharp declines in diesel, oil, and copper prices, along with signs of a demand slowdown in recent weeks, hint at a U.S.
06/5/2024 - 5:52 am | View Link - Oil comes off four-month low as US jobs data fuels rate cut bets
Oil prices edged up from four-month lows on Wednesday after a fillip from a U.S. jobs report that firms up the case for a September cut to interest rates while markets weighed OPEC+ plans to begin ...
06/5/2024 - 1:49 am | View Link - Oil prices at a four-month low as OPEC+ plans to phase out voluntary cuts later this year
Oil futures fell sharply on Monday to mark their lowest settlement since February, following a decision by OPEC+ to extend cuts by the group into 2025 but ...
06/3/2024 - 8:15 am | View Link - More
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