HomeAbout

TL;DR CNBC


U.S. crude oil falls to lowest level since June 2023, on pace for worst week in nearly a year - TL;DR CNBC

U.S. crude oil falls to lowest level since June 2023, on pace for worst week in nearly a year

Publishing timestamp: 2024-09-06 13:53:35


Summary

OPEC+ delays production increase, causing oil prices to plummet. Bank of America and Citi lower oil price forecasts, while Tesla receives a buy rating for its energy storage business. Wells Fargo predicts growth in LNG market.


Sentiment: NEGATIVE

Tickers: @LCO.1@NG.1@RB.1@CL.1

Keywords: wti crude (mar'23)natural gas (mar'23)breaking news: marketsrbob gas (mar'23)ice brent crude (apr'23)business newsmarketsinvestment strategyoil and gas

Source: https://www.cnbc.com/2024/09/06/crude-oil-prices-today.html


Developed by Leo Phan