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Oil Prices Plunge After Israel Says It Won’t Strike Iran’s Nuclear, Energy Sites

Crude benchmarks slumped on Tuesday as traders fretted about weak Chinese demand and weighed up a report saying that Israel won't attack Iranian oil targets.

The New York Times · 4h

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.

U.S. News & World Report · 4h

Israel Assures US It Won't Strike Iranian Nuclear or Oil Sites, US Officials Say

U.S. officials say the Biden administration believes it has won assurances from Israel that it will not strike Iranian nuclear or oil sites as it looks to strike back following Iran’s missile barrage

Oil, China

Reuters on MSN · 1d

Oil falls over 2% as OPEC cuts oil demand growth view, China concerns

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices declined more than 2% on Monday, wiping out all of last week's gains, as OPEC lowered its 2024 and 2025 global oil demand growth view again while China's oil imports fell for a fifth month in a row.

Wall Street Journal · 1d

Oil Falls on Chinese Demand Concerns

Oil prices fell in early European trade on persistent concerns over the demand outlook in top crude importer China.

invezz on MSN · 1d

Oil slips over 1% as deflationary concerns in China dampens sentiment

Oil prices slipped over 1% on Monday as concerns over poor demand from China, and lack of clarity on the stimulus front weighed on sentiments. After having gained for the last couple of weeks, oil prices were in the red on Monday as the market continued to wait for Israel’s response to Iran’s attack.

1hon MSN

Lower oil prices are good for consumers — but a bad sign for the global economy

A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, ...

10h

Crude Oil Prices Slide

Oil prices extended declines after U.S. officials said Israel had assured the Biden administration that it wouldn't target ...

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, ...

Gavin Newsom signs bill against surging gas prices: Big Oil has ‘been screwing you for decades’

California Gov. Gavin Newsom on Monday signed a bill into law aimed at curbing surging gas prices soon after state lawmakers ...

15m

Oil's drop suggests the global economy may be 'stalling or contracting'

A significant drop in oil prices may offer consumers reason to celebrate, but it may also "[indicate weakening demand]( ...

Crude Oil Prices13h

Oil Prices Fall as Geopolitical Premium Fizzles

Oil prices dropped after reports that Israel would not be targeting Iranian oil facilities combined with bearish economic ...

15hon MSN

Stock Market Today: Wall Street Edges Back From Records as Oil Prices Tumble

BANGKOK (AP) — Asian shares advanced on Tuesday after Wall Street rolled to more records, though markets in China were mostly ...

13h

European Gas Prices Follow Oil Lower as Israel Weighs US Warning

European natural gas prices slumped after a report that Israel is willing to avoid striking oil and nuclear targets when it ...

Crude Oil Prices29m

US Oil Producers Rush to Hedge

US oil producers have taken advantage of the recent surge in crude prices, locking in future sales to safeguard their revenue ...

5hon MSN

Oil Slumps as IEA Trims Demand Forecast

Crude oil prices slumped Tuesday as the International Energy Agency (IEA) cut its projection for oil demand growth, noting ...

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