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  2. Oil settles at lowest level since June on concerns of ... - AOL

    www.aol.com/finance/oil-drops-5-month-low...

    He also noted that seasonally, oil prices tend to decline in late December. Meanwhile, ADP employment data released Wednesday showed an increase of 103,000 jobs in the US last month, compared to ...

  3. Why oil prices have cratered to their lowest level in nearly ...

    www.aol.com/why-oil-prices-cratered-lowest...

    Oil prices plunged to their lowest level since December 2021, with Brent oil falling 4% to $68.99 on Tuesday. Supply and demand issues, including a slowdown in China's economy, are pressuring prices.

  4. Price of oil - Wikipedia

    en.wikipedia.org/wiki/Price_of_oil

    Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...

  5. Crude Oil Falls to Lowest Levels in Two Weeks on Demand Concerns

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    Oil prices fell Tuesday, weighed by increasing concerns over a global economic slowdown even with tightening crude supply. By 09:20 ET (13:20 GMT), U.S. crude futures traded 1.4% lower at $83.34 a ...

  6. 2023–2025 world oil market chronology - Wikipedia

    en.wikipedia.org/wiki/2023–2025_world_oil...

    The day after oil fell nearly 5 percent to a four-month low, the fourth down week finished with Brent at $80.61 and WTI at $75.89 as a result of continued bad news from China, high U.S. inventories and record production, with sanctions on Russian oil shipments causing prices to increase. [41] [42]

  7. World oil market chronology from 2003 - Wikipedia

    en.wikipedia.org/wiki/World_oil_market...

    After falling to its lowest price since October 2011, Benchmark crude rose 5.8% to $82.18 on June 29, with Brent crude up 4.5% to $95.51. European bailout efforts included lending money to banks, decreasing likelihood of failures. Also, European countries decided not to buy Iranian oil. The price of gas was $3.35, the lowest since January 6. [75]

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