Crude oil prices News

Oil Prices Drop 1% Amidst Concerns Over China's Demand

Crude oil prices fell on Friday due to concerns over demand in China, the world's largest importer. Sinopec forecasts China's oil demand to peak by 2027.

Global Oil Demand Concerns Push Crude Prices Down by 1%

Crude oil prices fell on Tuesday as the IEA and OPEC cut their 2024 global oil demand growth forecasts, causing investor concerns. The market also awaited the Federal Reserve's mon...