Oil prices dropped due to OPEC+ supply bets and concerns about China's stimulus

From CNN: 2024-09-28 07:44:58

Oil prices reported a weekly loss due to OPEC+ supply bets and concerns about China’s new stimulus measures. WTI fell by 5% to $71, while Brent shed 3% on September 28, 2024. The stock market also faced a downturn as a result.



Read more at CNN: Latest Market News Today Live Updates September 28, 2024: Oil reports weekly loss on OPEC+ supply bets against China’s fresh stimulus; WTI down 5%, Brent sheds 3% to $71 | Stock Market News – Mint