U.S. Output and China's Demand Slowdown Pressure Oil Prices in 2024 Oil prices in 2024 face pressure from record U.S. production and weak demand in China, impacting global markets and energy dynamics.
Record U.S. Oil Output and Weak China Demand Hit Market Explore how record U.S. oil production and sluggish demand in China are affecting the global oil market and impacting major companies in 2024.