Oil Sees Biggest Single-Day Loss Since April 2020 ...Middle East

OILPRICE - Economy
Oil Sees Biggest Single-Day Loss Since April 2020
source : OILPRICE ( Middle East ) () 39
Oil prices began crashing on Thursday afternoon, falling nearly 9%. WTI slid 8.68% to $58.99 per barrel by 4:04pm ET, while Brent had slipped 8.01% to $62.55 per barrel. It is the biggest drop in absolute terms since April 2020, when oil slipped into negative territory. Analysts have been volleying predictions during the recent price rally, with bulls signaling there is more room to run, making proclamations of a coming supercycle. Others, more cautious in their outlooks, have warned for a couple of weeks that the optimism present in the oil markets…

Hence then, the article about oil sees biggest single day loss since april 2020 was published today ( ) 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 Sees Biggest Single-Day Loss Since April 2020 )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Greg Brockman Defends $30B OpenAI Stake: ‘Blood, Sweat, and Tears’
WIRED - before 5 hours & 46 minute
St. Johns County Launches InvestSJC.com to Drive Business Growth and Economic Opportunity
PR Newswire - before 11 hour & 3 minute
Why the U.S. Is Pouring Billions Into Energy Projects in the Balkans
OILPRICE - before 10 hours & 14 minute
LG Display presents future of displays with next-generation OLED technologies at SID Display Week 2026
PR Newswire - before 3 hours & 52 minute
Serie HUAWEI WATCH FIT 5: Redefiniendo la elegancia moderna en la tecnología portátil
PR Newswire - before 10 hours & 42 minute
SuperAI 2026 Announces First Speakers as Singapore Strengthens Role as a Neutral Global AI Hub
PR Newswire - before 4 hours & 24 minute
Big Oil Resists Push To Prioritize Output Growth
OILPRICE - before 6 hours & 23 minute
UAE Withdraws From OAPEC
OILPRICE - before 11 hour & 45 minute
Pirro will not appeal judge’s quashing of Fed subpoenas
Washington Post - before 7 hours & 44 minute
Ready for Industry Certifications: Earn Tier 1-Recognized Status on Tennessee Statewide Industry Credential List
PR Newswire - before 11 hour & 35 minute
Washington Post wins public service Pulitzer for DOGE, federal workforce coverage
Washington Post - before 9 hours & 50 minute
Zibu AI Aims to Transform Patient Communication with AI-Powered Voice Agent
PR Newswire - before 7 hours & 7 minute


Latest News

ADECCO GROUP DIVIDEND 2026: ANNOUNCEMENT OF FINAL TERMS

before 21 minute

John Imah wears custom Charles Harbison to the 2026 Met Gala, celebrating "Costume Art," at the Metropolitan Museum of Art on May 4, 2026, in New York City.

before 39 minute

LG Display presents future of displays with next-generation OLED technologies at SID Display Week 2026

before 3 hours & 52 minute

How China Killed Every Rare Earth Competitor Before It Could Get Started

before 3 hours & 59 minute

SuperAI 2026 Announces First Speakers as Singapore Strengthens Role as a Neutral Global AI Hub

before 4 hours & 24 minute

Pakistan Opens Iran Land Corridors as Region Scrambles for Routes Beyond Hormuz

before 5 hours & 13 minute

Greg Brockman Defends $30B OpenAI Stake: ‘Blood, Sweat, and Tears’

before 5 hours & 46 minute

Chris Donatelli, whose real estate projects reshaped D.C., dies at 58

before 5 hours & 55 minute

Big Oil Resists Push To Prioritize Output Growth

before 6 hours & 23 minute

Zibu AI Aims to Transform Patient Communication with AI-Powered Voice Agent

before 7 hours & 7 minute

ADNOC Accelerates $55 Billion Investment after UAE’s OPEC Exit

before 7 hours & 15 minute

Pirro will not appeal judge’s quashing of Fed subpoenas

before 7 hours & 44 minute

Volume Down Revenue Up Iran’s Oil Trade Defies the War

before 8 hours & 13 minute

TruTrade Continues to Gain Traction with Its Automated Trading Software

before 8 hours & 39 minute

NEI Global Relocation Earns Top Rankings in 2026 International Global Mobility Survey

before 8 hours & 58 minute