Supply surplus means producers, like Libya, are struggling to find buyers.

BING NEWS:
  • Oil drops as dour economic outlook adds to oversupply concerns
    Oil prices fell on Thursday after central bankers in the U.S. and Europe signaled caution over further easing of monetary policy, fanning concerns that weak economic activity could dent demand for oil ...
    12/19/2024 - 7:46 am | View Link
  • Why 2025 brings a risk of ‘collapse’ in oil prices to below $50 a barrel
    The new year may bring a steep drop in oil prices, potentially even below the $50-a-barrel mark, if the market sees a “perfect storm” of factors combining ...
    12/19/2024 - 6:11 am | View Link
  • Oil Slips as Fed Rate-Cut Outlook Fuels Demand Worries
    Oil prices retreated from the previous trading session after the Fed signaled fewer interest-rate cuts next year, fueling demand concerns.
    12/18/2024 - 7:32 pm | View Link
  • Oil prices ease 1% to one-week low on weak Chinese, German economic data
    Oil prices eased about 1% to a one-week low on Tuesday on demand worries following the release of negative economic news from Germany and China, while investors remained cautious ahead of a U.S.
    12/17/2024 - 6:19 am | View Link
  • Oil, Natural Gas, and US Dollar Technical Analysis: Weak China Retail Sales Signal Demand Risks
    Moreover, tanker rates on major routes to China have plunged to the lowest level this year, signalling weakening demand. Despite ongoing production cuts by OPEC+ and lower refinery activity in China, ...
    12/16/2024 - 12:41 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News