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Why oil prices have plunged 3% today. ... 2024 at 9:42 AM. A gas flame is seen in the desert near the Khurais oilfield, about 160 km (99 miles) from Riyadh. ... dropping over 3%. Brent crude, the ...
Brent crude futures rose to $74.60 a barrel on Tuesday and US West Texas Intermediate crude was up at $71.66 a barrel. For the year, Brent declined 3.2%, while WTI was down 0.1%. For the year ...
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.
June contract WTI crude oil prices plunged another 24% on Tuesday to $15.32 after May contracts dropped below $0 for the first time in history on Monday. U.S. crude oil storage capacity is maxed ...
Prices of Brent crude, the global benchmark, declined 4% to about $79.50 a barrel on Tuesday. ... Oil Prices Keep Dropping Amid Economic Fears — Could It Last Through the Holidays and Beyond ...
Crude oil makes up about half the price of a gallon of gasoline, making crude the key factor on top of distribution costs and taxes. Motorists in Europe see far smaller fluctuations because taxes ...
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Stocks closed lower on Wall Street after another sharp slide for the price of crude dragged down big oil-and-gas stocks. Treasury yields fell. NEW YORK (AP) — Wall Street is hanging near its ...