Oil Prices Plunge Below $80 As Near-Term Demand Worries Grow ...Middle East

Oil prices crashed early on Wednesday, with Brent Crude falling below the $80 a barrel mark again, as concerns about immediate global oil demand intensified with soaring Covid cases in China and slowing economies globally. As of 8:33 a.m. ET on Wednesday, the U.S. benchmark, WTI Crude, had plummeted below $75 per barrel and traded down by 2.68% at $74.91. The international benchmark, Brent Crude, dipped below $80 and the front-month contract was down by 2.70% at $79.92. Oil prices continued on Wednesday the Tuesday rout when both benchmarks dipped…

Hence then, the article about oil prices plunge below 80 as near term demand worries grow was published today ( Wednesday 04/01/2023 - 04:56 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Prices Plunge Below $80 As Near-Term Demand Worries Grow )

Also on site :

• Tillis clears path for Warsh confirmation as new Federal Reserve chief
• Tuya Smart stellt verbessertes Hey Tuya und erweiterte KI-Fähigkeiten für Hardware-Innovationen vor, die AI Home-, AI Robot-, and AI Energy-Ökosysteme weiterentwickeln
• Tillis Prepared to Advance Fed Nominee after Justice Dropped Probe