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Oil Prices Drop Over 1%

Oil prices fell by more than 1 percent on Tuesday due to concerns over a slowdown in the Chinese economy, which is impacting demand, despite growing consensus that the US Federal Reserve may start cutting interest rates in September.

Brent crude futu…

Oil Prices Drop Over 1%

Oil prices fell by more than 1 percent on Tuesday due to concerns over a slowdown in the Chinese economy, which is impacting demand, despite growing consensus that the US Federal Reserve may start cutting interest rates in September.

Brent crude futu…

Oil Prices Down After China Reports Subdued GDP Growth

Crude oil declined in early trade on Tuesday, after China reported subdued GDP growth in 2024.

Global crude benchmark Brent was down 0.67 to $84.28 per barrel.

The US West Texas Intermediate (WTI) crude was trading at $81.32 per barrel, lower by 0.7…

Oil Prices Down After China Reports Subdued GDP Growth

Crude oil declined in early trade on Tuesday, after China reported subdued GDP growth in 2024.

Global crude benchmark Brent was down 0.67 to $84.28 per barrel.

The US West Texas Intermediate (WTI) crude was trading at $81.32 per barrel, lower by 0.7…