2:54 PM · 2 May 2023

BREAKING: WTI crude oil drops close to 3%!

WTI crude oil prices are currently losing close to 3% and sliding to their lowest levels since March 2023. Uncertainty around the spectre of a global recession and weak demand from China are pushing prices down to around US$73.45 per barrel. Concerns over short-term demand, including weaker-than-expected Chinese production data, outweighed messages indicating limited supply later in the year.

Source: xStation 5

12 June 2026, 4:52 PM

Oil slides 2.5% to $88 as Middle East tensions ease 📉 Is the uptrend over?

12 June 2026, 12:05 PM

Market Wrap: Inflation rises and de-escalation. Airlines recover losses.

12 June 2026, 10:06 AM

Brent crude oil deepens losses to -3% due to details of potential agreement

12 June 2026, 8:54 AM

Chart of the Day: Is this a "real" breakthrough in the oil market this time? (12.06.2026)

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