TAG: oil market
Oil prices fall as US recession fears spark broader selloff
Oil futures extended losses in a volatile session on Monday as fears of a recession in top oil consumer the United States offset supply worries stemming from mounting tensions in the Middle East, the world's largest oil producing region.Share markets also...
2 months ago
Brent Crude – OPEC + Cuts Forecasts Again as Chinese Imports Fall, Brent Holds Above $78/Barrel
Brent oil prices have recovered to $78.30 despite OPEC+ downgrading demand growth forecasts and falling Chinese imports. China’s oil imports fell for the fifth consecutive month in September stoking demand fears. OPEC+ revised its global oil demand grow...
1 day ago