Similar Stories to Oil Falls On Lower Demand Forecast on Bing News

Crude prices tumbled today after the government again lowered its forecast for global energy demand and said average oil prices for this year will likely be below current levels.

Topics:  oil   demand   forecast   prices   
BING NEWS:
  • Oil falls on demand growth concerns, robust dollar
    Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer China, putting global oil benchmarks on track to end the week down nearly 3%.
    12/19/2024 - 2:35 pm | View Link
  • Oil Falls After Federal Reserve Outlook Boosts US Dollar
    Oil fell by almost 1% to settle below $70 a barrel as expectations for fewer interest-rate cuts by the US Federal Reserve boosted the dollar.Most Read from BloombergNew York City’s Historic ...
    12/19/2024 - 7:06 am | View Link
  • Oil falls on demand concerns
    Oil prices fell in early trading on Thursday after the US Federal Reserve signaled that it would slow the pace of interest rate cuts in 2025, potentially impacting fuel demand. Brent futures fell 33 ...
    12/19/2024 - 3:22 am | View Link
  • Palm falls further on weakness of rival edible oils
    KUALA LUMPUR: Malaysian palm oil futures fell on Thursday for a fifth straight session, weighed down by weakness in rival edible oils. The benchmark palm oil contract for March delivery on the Bursa ...
    12/18/2024 - 5:39 pm | View Link
  • Oil falls as dollar surges on Fed outlook for fewer rate cuts
    Oil fell as expectations for fewer interest-rate cuts by the Federal Reserve next year boosted the dollar. Brent crude fell to near $73 a barrel while West Texas Intermediate traded around $70. Fed ...
    12/18/2024 - 12:47 pm | View Link
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