Tag: fuel consumption

HOUSTON: Oil prices fell about 2% on Thursday, extending the previous session's nearly 6% losses, as an uncertain demand outlook overshadowed an Opec+ decision to maintain oil output cuts, keeping supply tight. Global benchmark Brent crude futures have declined about $10 a barrel in less than 10 days after edging close to $100 in late September. The combined percentage drop over the last two days was the steepest since May for both crude benchmarks. Brent futures fell $1.38, or 1.6%, to $84.43 by 1.41pm ET (1741...