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Oil falls 3 percent in early transactions on expectations of decline global demand
[15/10/2024 12:00]
SINGAPORE-SABA
Oil prices fell three percent in early trading today, Tuesday, after the Organization of the Petroleum Exporting Countries (OPEC) lowered its forecast for global oil demand growth in 2024 and 2025.

Brent crude futures fell $2.27 to $75.19 a barrel.

U.S. West Texas Intermediate crude futures fell $2.22 to $71.60 a barrel by 0127 GMT.

The two benchmarks fell three percent in early trading on Tuesday after falling two percent on Monday.


Oil price tops $100 a barrel
Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent
S. Korea's ITC exports rise 12.4 percent in 2025

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