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Crude Oil Oct 25 (CLV25.NYM)
- Yahoo Finance Video
Gas prices fall to 2023 lows: How much lower can they go?
Gas prices (RB=F) fall to an 11-month low, causing energy analysts to speculate could be closer to falling below $3 per gallon for the first time since 2021. Yahoo Finance Senior Business Reporter Ines Ferré breaks down trends in gasoline prices being perpetuated by crude oil demand stemming from OPEC+'s production cuts. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Yahoo Finance Video
Oil slides 25% from summer highs on demand drop
Crude oil (CL=F, BZ=F) is down 25% from a late summer high that hit $95 per barrel. Inventory challenges and demand concerns ripple through international markets after OPEC's 2024 production cut announcement. Yahoo Finance’s Ines Ferré reports on the state of the oil market and the ongoing impact of geopolitical unrest on oil prices. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Yahoo Finance
Oil settles at lowest level since June on concerns of oversupply, weak demand
Oil prices have been falling despite output reductions from OPEC+.
