Commodities and Futures News

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

10/13/2024

Less than a minute

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.

10/13/2024

Less than a minute

Bitcoin (BTC) $ 98,280.33 3.74%

Ethereum (ETH) $ 3,482.23 1.67%

Tether (USDT) $ 0.999441 0.04%

XRP (XRP) $ 2.28 0.51%

BNB (BNB) $ 707.34 2.89%

Solana (SOL) $ 196.42 1.76%

Dogecoin (DOGE) $ 0.330918 1.90%

USDC (USDC) $ 0.999946 0.09%

Lido Staked Ether (STETH) $ 3,478.89 1.85%

Cardano (ADA) $ 0.913427 0.36%

TRON (TRX) $ 0.256724 1.17%

Avalanche (AVAX) $ 40.85 3.08%

Chainlink (LINK) $ 24.57 0.98%

the-open-network

Toncoin (TON) $ 5.98 4.87%

Wrapped stETH (WSTETH) $ 4,127.59 1.93%

Shiba Inu (SHIB) $ 0.000023 2.15%

Sui (SUI) $ 4.50 1.74%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 97,983.25 3.70%

hedera-hashgraph

Hedera (HBAR) $ 0.311835 0.11%

Stellar (XLM) $ 0.384039 1.81%

Polkadot (DOT) $ 7.45 0.86%

WETH (WETH) $ 3,477.29 1.49%

Hyperliquid (HYPE) $ 27.70 2.29%

Bitcoin Cash (BCH) $ 465.48 0.31%

LEO Token (LEO) $ 9.55 1.22%

Uniswap (UNI) $ 13.95 0.67%

Litecoin (LTC) $ 109.02 1.03%

Bitget Token (BGB) $ 5.68 16.32%

Pepe (PEPE) $ 0.000019 0.95%

Wrapped eETH (WEETH) $ 3,670.92 1.46%

NEAR Protocol (NEAR) $ 5.52 0.12%

Ethena USDe (USDE) $ 0.998968 0.05%

Aave (AAVE) $ 372.56 0.97%

internet-computer

Internet Computer (ICP) $ 11.39 4.45%

USDS (USDS) $ 0.99924 0.18%

Aptos (APT) $ 9.62 0.71%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.518233 1.47%

crypto-com-chain

Cronos (CRO) $ 0.158846 2.50%

VeChain (VET) $ 0.05235 3.59%

Mantle (MNT) $ 1.25 2.79%

Ethereum Classic (ETC) $ 27.61 0.52%

Render (RENDER) $ 7.59 2.04%

Bittensor (TAO) $ 514.29 3.20%

MANTRA (OM) $ 3.79 0.87%

Monero (XMR) $ 195.63 3.69%

WhiteBIT Coin (WBT) $ 24.89 1.64%

Artificial Superintelligence Alliance (FET) $ 1.36 0.16%

Dai (DAI) $ 0.99993 0.10%

Arbitrum (ARB) $ 0.803308 0.99%

Filecoin (FIL) $ 5.37 1.64%