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Oil Sinks To 2021 Lows As Demand Fears Skyrocket
Sep 10, 2024 ... futures on Tuesday sank below $70 per barrel for the first time since December 2021, as demand fears escalated on OPEC lowering expectations for 2024 and 2025. In its latest monthly ...
Trafigura Sees Oil Prices Dropping Into $60s/Bl
Sep 10, 2024 ... Gunvor, said around $70/bl was the current 'fair value' for oil, according to the report. ICE Brent crude futures have dropped by 16.3% in price since a recent peak of $85.82/bl on July ...
BUNKER PRICES: G20-VLSFO Index Drops to One-Month Low
Sep 10, 2024 ... Index fell by $3.50/mt to $479/mt, while the G20-MGO Index sank by $7.50/mt to $739/mt. ICE Brent crude futures rose by $0.78/bl to $71.84/bl on Monday. VLSFO prices at the top four ...
BUNKER PRICES: G20-VLSFO Index Drops to Two-Week Low
Sep 9, 2024 ... by $2.50/mt to $482.50/mt, while the G20-MGO Index sank by $1/mt to $746.50/mt. ICE Brent crude futures fell by $1.63/bl to $71.06/bl on Friday. VLSFO prices at the top four ...
Worst Weekly Drop For Oil In 11 Months As Bearish Sentiment Hijacks Crude Market
Sep 6, 2024 ... saw investors causing a 2 percent-plus drop in crude after the U.S. posted weak jobs data. Brent settled down $1.63, or 2.24 percent, to $71.06 per barrel, while West Texas Intermediate ...
BUNKER PRICES: G20-VLSFO Index Little Changed Despite Decline in Crude
Sep 6, 2024 ... Index fell by $3.50/mt to $485/mt, while the G20-MGO Index sank by $7/mt to $747.50/mt. ICE Brent crude futures fell by $0.01/bl to $72.69/bl on Thursday, the third day of declines and ...
Drawdowns Cause Oil To Jump, But Lower Demand Is Imminent, Analyst Warns
Sep 5, 2024 ... – enough to prevent stockpile builds even if demand from China didn't improve. As of 1519 GMT, Brent rose 89 cents to $73.59 per barrel, and West Texas Intermediate climbed 94 cents to ...
BUNKER PRICES: G20-VLSFO Index Drops to Near Two-Week Low
Sep 5, 2024 ... by $8.50/mt to $488.50/mt, while the G20-MGO Index sank by $13.50/mt to $754.50/mt. ICE Brent crude futures fell by $1.05/bl to $72.70/bl on Wednesday, the lowest closing level since ...
Libya Plus Demand Worries Trigger More Losses For Oil
Sep 5, 2024 ... crude traders on Wednesday to extend the commodity's losses, this time by over $1 per barrel. Brent settled down $1.05 to $72.70 per barrel, while West Texas Intermediate settled down $1.14 at ...
Bunker 'Fire Sales' Expected After Slump in Crude: NSI
Sep 4, 2024 ... in some bunker markets after Tuesday's drop in crude prices, according to brokerage NSI. Brent crude futures sank by $3.77/bl to $73.75/bl on Tuesday, the lowest closing price since ...
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Oils Gains Almost 3% As Iran Warns U.S. To Stay Out Of Mid East Hostilities

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