Global oil prices fall to lowest since June 2023 on concerns over a demand slowdown

Oil futures settled lower on Wednesday, with U.S. benchmark prices dipping below $70 a barrel for the first time since December and global prices ending at their lowest since June.

Date:

Save story

Topics

The Wall Street Journal - World
Crude-Oil Futures End Week With Small Gains

Oil futures close out a volatile week with modest increases as Hurricane Francine shut in some U.S. offshore production, offsetting longer-term concerns about demand prospects highlighted by OPEC, ...
5 hours ago
MarketWatch - Business
2-year Treasury yield ends at lowest since September 2022 as traders weigh chance of big Fed rate cut

U.S. government debt rallied on Friday, pushing the policy-sensitive 2-year Treasury yields to its lowest closing level in years, as traders considered the possibility of a 50-basis-point ...
7 hours ago
MarketWatch - Business
Oil falls after back-to-back gains on storm disruptions, still settles higher for the week

Oil futures finished with a loss on Friday as concerns about the demand outlooked lingered, but prices gained for the week after Hurricane Francine disrupted output in the Gulf of Mexico.
8 hours ago
GameSpot - Tech
Samsung 49-Inch Gaming Monitor Drops To $800, Lowest Price Yet

This Samsung 49-Inch Odyssey G9 Series Curved Gaming Monitor would be a welcome addition to almost any battlestation, offering a ridiculous amount of screen real estate for your games. If you're ...
9 hours ago
The Guardian - World
Labour and Starmer suffer sharp fall in popularity since election, poll suggests – UK politics live

Labour still more popular with voters than Conservative party but those saying they view party and leaders unfavourably has risen. Here is Helena Horton ’s story about the high court ruling saying ...
16 hours ago - United Kingdom
CNBC - Business
Asia markets mixed as China stocks hit lowest since 2019; yen hits 9-month intra-day high

The Japanese yen briefly touched 140.62 against the U.S. dollar, its strongest intraday level since Dec. 28, 2023.
19 hours ago - China
The Hill - Politics
Oil, gasoline prices face a slump

Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Oil, gasoline prices face a slump This week, oil prices hit their lowest level in about three ...
Yesterday
ABC News - Top stories
Average rate on a 30-year mortgage falls to 6.20%, its lowest level since February 2023

The average rate on a 30-year mortgage in the U.S. fell this week to its lowest level in 19 months, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal ...
Yesterday
The New York Times - Business
U.S. Mortgage Rates Fall to 6.2%, Lowest Since Early 2023

The average rate on 30-year mortgages declined to 6.2 percent this week, the lowest point since early 2023.
Yesterday - Mortgage
The Guardian - World
Oil demand growing at slowest rate since height of pandemic, says IEA

Energy watchdog says global oil prices could continue to fall from three-year lows as supply outstrips demand. The world’s demand for oil is growing at its slowest pace since the height of the ...
Yesterday

Global oil prices fall to lowest since June 2023 on concerns over a demand slowdown

Topics

See also

Crude-Oil Futures End Week With Small Gains

2-year Treasury yield ends at lowest since September 2022 as traders weigh chance of big Fed rate cut

Oil falls after back-to-back gains on storm disruptions, still settles higher for the week

Samsung 49-Inch Gaming Monitor Drops To $800, Lowest Price Yet

Labour and Starmer suffer sharp fall in popularity since election, poll suggests – UK politics live

Asia markets mixed as China stocks hit lowest since 2019; yen hits 9-month intra-day high

Oil, gasoline prices face a slump

Average rate on a 30-year mortgage falls to 6.20%, its lowest level since February 2023

U.S. Mortgage Rates Fall to 6.2%, Lowest Since Early 2023

Oil demand growing at slowest rate since height of pandemic, says IEA

More from MarketWatch

What traders are saying about new election-betting rules: ‘I can put money on the candidate I don’t want to win’

‘My husband blew a gasket’: I bought a $20,000 Toyota SUV using financing. My spouse said, ‘Pay it off immediately.’ Did I get a bad deal?

‘I have zero regrets’: I’m 84 and estranged from my two adult sons. My 48-year-old wife will get my seven-figure estate. Is that selfish?

‘I’m trapped between warring siblings’: My late father left a ledger with $80,000 in unpaid loans to my brothers. Can the executor force them to pay?

‘My mom still has his original will’: A few months before he died, my father went online and made a secret will, cutting off my mother. Can he do this?