Tag: China oil imports

Brent crude and West Texas Intermediate futures fell 3% as Israel's non-targeting of Iranian oil eased supply fears. OPEC's lowered demand growth forecasts for 2024 and 2025 contributed to this decline, alongside reduced crude shipments to China and deflationary pressures.(Representational Image/Unsplash)
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Oil prices fall 3% as concerns ease on potential Iran supply disruption

 October 15, 2024  Leave a Comment on Oil prices fall 3% as concerns ease on potential Iran supply disruption

Oct 15, 2024 08:04 AM IST Oil prices dropped 3% in early Asian trade as Israel reportedly refrained from targeting Iranian oil, alleviating supply concerns….

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