Monday, September 8, 2025

Oil slumps with weakening demand outlook

Oil prices in New York and London fell as much as 5 per cent, and the oil futures curve showed signs of near-term weakness following widening lockdown measures in Germany, France, and Italy, BNN Bloomberg reports.

 

https://www.bnnbloomberg.ca/oil-drops-with-renewed-lockdowns-dimming-outlook-for-demand-1.1580832

BIG Media
BIG Media
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.
spot_img

BIG Wrap

South Korea reaches deal to bring home citizens detained in U.S. Hyundai raid

(BBC News) South Korea's government says it has reached an agreement with the US to release its citizens detained in a massive immigration raid...

U.S. floats new sanctions after Russia’s largest air assault on Ukraine

(Al Jazeera Media Network) United States President Donald Trump has expressed his frustration with Russia following Moscow’s largest-ever aerial assault on Ukraine, as his...