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Indebta > Markets > U.S. oil futures drop over 11% for the month
Markets

U.S. oil futures drop over 11% for the month

News Room
Last updated: 2023/05/31 at 4:58 PM
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Oil futures declined on Wednesday after weak economic data out of China underlined worries about demand from one of the world’s largest crude importers.

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Price actionMarket drivers

Overall, concerns about demand helped pull U.S. oil prices down by more than 11% for the month.

Price action

Market drivers

Oil prices got “slammed on concerns that the Chinese…

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News Room May 31, 2023 May 31, 2023
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