According to data from the New York Mercantile Exchange, WTI crude oil futures for September delivery fell 2.43% to $81.25 per barrel on August 13, while Brent crude for October delivery declined 2.15% to $87.07 per barrel. The International Energy Agency raised its forecast for global crude oil demand decline this year to 1.6 million barrels per day on average, up 51% from its July estimate. The agency also increased its projection for oil supply decline to 4.3 million barrels daily, 600,000 barrels more than previously forecasted.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate US. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate US does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments involve high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
