Oil Prices Fall as Global Demand Concerns Eclipse Supply Fears Oil prices dipped on Tuesday as concerns over weak demand, especially after a global market sell-off and disappointing economic data from the U.S. and China, outweighed fears of supply disruptions from escalating Middle East tensions and a drop in Libyan production. Despite an early session rally, both Brent and U.S. crude futures fell, reflecting the market’s focus on demand issues over geopolitical risks. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts High Oil Prices Halt Biden's Plan to Replenish Strategic Reserve READ MORE 2024 Starts with a Slowdown in Stock Market, Challenging Fed Rate Cuts READ MORE Fed Governor Waller Seeks Extended Inflation Improvement Before Cutting Rates READ MORE Goldman’s $2,175 Target READ MORE Economic Confidence at Odds: Strong Indicators vs. American Pessimism READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment