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4 Hours Ago
U.S. crude oil falls to lowest level since June 2023, posts worst week in nearly a yearU.S. crude oil hit the lowest level since June 2023, putting the benchmark on pace for its worst week in nearly a year, as OPEC+ has failed to reassure the market about the global supply and demand balance.U.S. crude hit a low of $67.17 earlier in the session and shed 8% for its worst week since October. The Brent global benchmark has fallen 9.8% this week.OPEC+ delayed plans to increase production by 180,000 barrels per day until December as oil sold off steeply. The output hike will bring about 2.2 million barrels per day back onto the market through the end of next year.Those barrels will return to the market as oil demand slows in China due to the world’s largest crude importer rapidly transitioning to electric vehicles.— Spencer Kimball
https://www.cnbc.com/2024/09/05/stock-market-today-live-updates.html
Today on CNBC4 Hours AgoU.S. crude oil falls to lowest level...
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Last
$23.69 |
Change
-0.160(0.67%) |
Mkt cap ! $44.98B | |||
| Open | High | Low | Value | Volume |
| $23.60 | $23.69 | $23.46 | $117.5M | 4.984M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11417 | $23.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.69 | 12377 | 2 |
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| WDS (ASX) Chart |