U.S. crude oil falls more than 4%, closes at lowest level since December to erase 2024 gains

A weak economy in China and the prospect of increased oil output from OPEC are overshadowing major production disruptions in Libya.

Sep 4, 2024 - 07:00
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U.S. crude oil falls more than 4%, closes at lowest level since December to erase 2024 gains
A weak economy in China and the prospect of increased oil output from OPEC are overshadowing major production disruptions in Libya.