Crude Prices Plunge 2% as Oil Market Spooked By OPEC, IEA Supply Warnings

NAMPA / Sputnik
2025-09-11
WASHINGTON, September 11 (RIA Novosti) - Crude prices plunged as much as 2% Thursday after bearish supply signals from industry groups OPEC and IEA sapped buying enthusiasm in an oil market desperate to move beyond demand worries. New York-traded West Texas Intermediate crude (WTI) for October delivery settled down $1.30, or 2​​​.04%, at $62.37 per barrel. WTI remained on track to a weekly gain of 1.1% though, after gains in the past four session......
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WINDHOEK, 09 September 2025 - Clinical psychologist, Dr Joab Mudzanapabwe speaking during a discussion on enhancing mental health resilience in Windhoek. (Photo by: Edward Tenete) NAMPA

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FRANCISTOWN, 09 September 2025 - Namibia’s international Deon Hotto in action at the Obed Itani Chilume Stadium in Francistown, Botswana, against São Tomé and Príncipe in their FIFA World Cup qualifier the Brave Warriors in their 3-0 win. (Photo by: Hesron Kapanga) NAMPA

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FRANCISTOWN, 09 September 2025 - Namibia’s international striker Peter Shalulile (R) celebrates a goal at the Obed Itani Chilume Stadium in Francistown, Botswana, against São Tomé and Príncipe in their FIFA World Cup qualifier. Shalulile netted his first-ever hat-trick for the Brave Warriors in their 3-0 win. (Photo by: Hesron Kapanga) NAMPA

FRANCISTOWN, 09 September 2025 - Namibia’s international striker Peter Shalulile (R) celebrates a goal at the Obed Itani Chilume Stadium in Francistown, Botswana, against São Tomé and Príncipe in their FIFA World Cup qualifier. Shalulile netted his first-ever hat-trick for the Brave Warriors in their 3-0 win. (Photo by: Hesron Kapanga) NAMPA

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FRANCISTOWN, 09 September 2025 - Namibia’s international striker Peter Shalulile while in action at the Obed Itani Chilume Stadium in Francistown, Botswana, against São Tomé and Príncipe in their International Federation of Association Football (FIFA) World Cup qualifier Shalulile netted his first-ever hat-trick for the Brave Warriors in their 3-0 win. (Photo by: Hesron Kapanga) NAMPA

FRANCISTOWN, 09 September 2025 - Namibia’s international striker Peter Shalulile while in action at the Obed Itani Chilume Stadium in Francistown, Botswana, against São Tomé and Príncipe in their International Federation of Association Football (FIFA) World Cup qualifier Shalulile netted his first-ever hat-trick for the Brave Warriors in their 3-0 win. (Photo by: Hesron Kapanga) NAMPA

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FRANCISTOWN, 05 September 2025 - The Brave Warriors pose for a photo ahead of their FIFA World Cup qualifier against Malawi at the Obed Itani Chilume Stadium in Francistown, Botswana, a match which they lost 3-1. Back row from left are Aprocius Petrus, Charles Hambira, Sergio Damaseb, Edward Maova, Kennedy !Eib and Ivan Kamberipa. Front row from left are Deon Hotto, Ngero Katua, Peter Shalulile, Riaan Hanamub, and Joslin Kamatuka. (Photo by: Hesron Kapanga) NAMPA

FRANCISTOWN, 05 September 2025 - The Brave Warriors pose for a photo ahead of their FIFA World Cup qualifier against Malawi at the Obed Itani Chilume Stadium in Francistown, Botswana, a match which they lost 3-1. Back row from left are Aprocius Petrus, Charles Hambira, Sergio Damaseb, Edward Maova, Kennedy !Eib and Ivan Kamberipa. Front row from left are Deon Hotto, Ngero Katua, Peter Shalulile, Riaan Hanamub, and Joslin Kamatuka. (Photo by: Hesron Kapanga) NAMPA

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FRANCISTOWN, 05 September 2025 - The Brave Warriors pose for a photo ahead of their FIFA World Cup qualifier against Malawi at the Obed Itani Chilume Stadium in Francistown, Botswana, a match which they lost 3-1. Back row from left are Aprocius Petrus, Charles Hambira, Sergio Damaseb, Edward Maova, Kennedy !Eib and Ivan Kamberipa. Front row from left are Deon Hotto, Ngero Katua, Peter Shalulile, Riaan Hanamub, and Joslin Kamatuka. (Photo by: Hesron Kapanga) NAMPA

FRANCISTOWN, 05 September 2025 - The Brave Warriors pose for a photo ahead of their FIFA World Cup qualifier against Malawi at the Obed Itani Chilume Stadium in Francistown, Botswana, a match which they lost 3-1. Back row from left are Aprocius Petrus, Charles Hambira, Sergio Damaseb, Edward Maova, Kennedy !Eib and Ivan Kamberipa. Front row from left are Deon Hotto, Ngero Katua, Peter Shalulile, Riaan Hanamub, and Joslin Kamatuka. (Photo by: Hesron Kapanga) NAMPA

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FRANCISTOWN, 05 September 2025 - The Brave Warriors pose for a photo ahead of their FIFA World Cup qualifier against Malawi at the Obed Itani Chilume Stadium in Francistown, Botswana, a match which they lost 3-1. Back row from left are Aprocius Petrus, Charles Hambira, Sergio Damaseb, Edward Maova, Kennedy !Eib and Ivan Kamberipa. Front row from left are Deon Hotto, Ngero Katua, Peter Shalulile, Riaan Hanamub, and Joslin Kamatuka. (Photo by: Hesron Kapanga) NAMPA

FRANCISTOWN, 05 September 2025 - The Brave Warriors pose for a photo ahead of their FIFA World Cup qualifier against Malawi at the Obed Itani Chilume Stadium in Francistown, Botswana, a match which they lost 3-1. Back row from left are Aprocius Petrus, Charles Hambira, Sergio Damaseb, Edward Maova, Kennedy !Eib and Ivan Kamberipa. Front row from left are Deon Hotto, Ngero Katua, Peter Shalulile, Riaan Hanamub, and Joslin Kamatuka. (Photo by: Hesron Kapanga) NAMPA

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