Commodities and Futures News

Oil prices fall by more than a $1 on Chinese economic data

2024.10.13 18:43

BEIJING (Reuters) – Oil prices fell by a dollar in early Asian trading on Monday after disappointing Chinese inflation data over the weekend stoked fears about demand.

© Reuters. FILE PHOTO: A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File photo

futures were down $1.12 at $77.92 per barrel by 2228 GMT, and U.S. West Texas Intermediate crude futures fell $1.07 to $74.49 per barrel.

China’s deflationary pressures increased in September, according to its National Bureau of Statistics, and a Saturday news conference left investors guessing about the overall size of a stimulus package to revive the sputtering economy.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 96,135.76 0.19%
ethereum
Ethereum (ETH) $ 2,712.02 3.04%
xrp
XRP (XRP) $ 2.49 3.41%
tether
Tether (USDT) $ 1.00 0.00%
bnb
BNB (BNB) $ 645.59 2.50%
solana
Solana (SOL) $ 160.33 6.31%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.232046 5.36%
cardano
Cardano (ADA) $ 0.74093 4.64%
staked-ether
Lido Staked Ether (STETH) $ 2,704.19 3.03%
tron
TRON (TRX) $ 0.246456 1.80%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,911.70 0.38%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,215.92 3.96%
chainlink
Chainlink (LINK) $ 16.82 6.02%
sui
Sui (SUI) $ 3.30 2.41%
avalanche-2
Avalanche (AVAX) $ 24.00 5.64%
stellar
Stellar (XLM) $ 0.319907 3.85%
litecoin
Litecoin (LTC) $ 124.03 2.49%
the-open-network
Toncoin (TON) $ 3.74 1.14%
leo-token
LEO Token (LEO) $ 9.78 0.75%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 4.65%
hedera-hashgraph
Hedera (HBAR) $ 0.204358 4.45%
usds
USDS (USDS) $ 0.998367 0.40%
mantra-dao
MANTRA (OM) $ 8.43 2.49%
weth
WETH (WETH) $ 2,711.51 3.05%
polkadot
Polkadot (DOT) $ 4.78 5.76%
hyperliquid
Hyperliquid (HYPE) $ 21.46 11.35%
bitcoin-cash
Bitcoin Cash (BCH) $ 317.33 3.81%
bitget-token
Bitget Token (BGB) $ 4.94 1.96%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.15%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,876.03 2.98%
uniswap
Uniswap (UNI) $ 8.66 5.20%
monero
Monero (XMR) $ 235.86 0.04%
whitebit
WhiteBIT Coin (WBT) $ 27.58 0.49%
near
NEAR Protocol (NEAR) $ 3.35 3.18%
pepe
Pepe (PEPE) $ 0.000009 5.61%
bittensor
Bittensor (TAO) $ 427.12 1.70%
aave
Aave (AAVE) $ 237.34 5.03%
ondo-finance
Ondo (ONDO) $ 1.10 3.38%
dai
Dai (DAI) $ 1.00 0.02%
aptos
Aptos (APT) $ 5.81 5.56%
internet-computer
Internet Computer (ICP) $ 6.87 4.23%
tokenize-xchange
Tokenize Xchange (TKX) $ 38.92 3.22%
official-trump
Official Trump (TRUMP) $ 15.21 6.04%
ethereum-classic
Ethereum Classic (ETC) $ 19.92 4.46%
mantle
Mantle (MNT) $ 0.884113 3.41%
okb
OKB (OKB) $ 48.30 2.62%
gatechain-token
Gate (GT) $ 22.85 2.03%
susds
sUSDS (SUSDS) $ 1.04 0.29%
sonic-3
Sonic (prev. FTM) (S) $ 0.867934 7.40%