The economic slowdown Slow.weak and threat of trade wars trade.financial.tension has not just scared off financial traders , it is also starting to impact physical energy prices as consumers hold back on new orders in a sign of a real slowdown Slow.weak on the ground .

Investing.com - Oil prices sank Movement.down.loss in 2002 after the OPEC choked off Cause.movement.down.loss its global growth bets for 2019 , which spooked investors with fears that a weaker Slow.weak global economy will demand lower Movement.down.loss fuels and energy than once anticipated .

However , a softening Slow.weak global economy could add to Situation_deteriorate the oversupply Oversupply it said .

China this week reported slightly slower Slow.weak growth for the second quarter and the weakest Slow.weak expansion in factory activity in June in two years .

Asia 's diesel consumption is expected to recover Grow.strong this year at the second lowest level Position.low rate since the 2014/15 financial crisis Crisis as softening Slow.weak economies squeeze Cause.movement.down.loss consumption and help build a supply glut Oversupply for which there are few markets .

Oil futures have dropped Movement.down.loss due to concern Negative_sentiment about deteriorating Slow.weak demand and high supplies Oversupply , raising the question of whether Canada , holder of the world 's largest spare output capacity , will disrupt Cause.movement.down.loss output .

-LRB- Reuters -RRB- - As oil production swells Movement.up.gain , demand falters Slow.weak and prices slide Movement.down.loss , the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance .

Looking ahead into the second quarter , I expect oil futures to continue to increase Movement.up.gain while being kept in check by plentiful Grow.strong US shale output levels and caution over the prospect of a weakning Slow.weak in domestic consumption .

Oil prices weakened Slow.weak amid lower Movement.down.loss supply concerns Negative_sentiment from the Middle East after the U.S. and Russia agreed on a draft U.N. Security Council resolution aimed at eliminating chemical weapons in Syria .

Oil futures have dropped Movement.down.loss due to concern Negative_sentiment about softening Slow.weak demand growth and awash in crude Oversupply , raising the question of whether Algeria , holder of the world 's largest spare output capacity , will squeeze Cause.movement.down.loss output .

It announced this week that demand for oil could be slower Slow.weak than expected , despite production cuts Cause.movement.down.loss by its enlarged OPEC + group .

LONDON ( Reuters ) - European demand for diesel is expected to have collapsed Movement.down.loss in the fourth quarter of 2018 for the first quarterly fall Movement.down.loss in nearly two years , the International Energy Agency reported on Thursday , the latest sign of slowdown Slow.weak in the fuel market .

U.S. employment data falters Slow.weak with the euro zone , where Germany 's Bundesbank this week trimmed Movement.down.loss its 2014 growth forecasts for Europe 's largest economy to 4.00 % .

China is expected this week to report economic growth slowing Slow.weak to 7.2 percent from a year ago , the weakest since the depths of the last global economic crisis Crisis .

For now , however , the U.S.-led spike Movement.up.gain in output and vulnerable Slow.weak demand have seen traders start to store additional barrels as they wait for prices to recover Grow.strong .

`` Completed investment projects and a possible slowing Slow.weak in demand as a result of sanctions Embargo and a weakening Slow.weak economic outlook would further amplify oil product deliveries , most notably gasoline and diesel/gasoil , which we expect will trend upward Movement.up.gain . ''

Crude oil futures surged Movement.up.gain on Tuesday on signs of cratering Movement.down.loss U.S. oil output , distress Slow.weak in the dollar and clashes Geopolitical.tension in the West , particularly Russia .

The departure of Abadi 's predecessor Nuri al-Maliki and a successful formation of a unity government able to confront insurgents in Iraq would reduce Cause.movement.down.loss supply disruption Cause.movement.down.loss fears and be bearish Slow.weak for oil , brokers and traders said .

The economic slowdown Slow.weak and threat of trade tensions trade.financial.tension has not just scared off financial traders , it is also starting to impact physical energy prices as consumers hold back on new orders in a sign of a real slowdown Slow.weak on the ground .

Brent crude oil slipped Movement.down.loss below $ 66 a barrel on Wednesday , just above a five-year low Position.low , on mounting signs of oversupply Oversupply and lackluster Slow.weak demand as global economic growth falters Slow.weak .

The reasons for the consumption uncertainties Slow.weak are many , starting with fears Negative_sentiment over weakening Slow.weak domestic growth and tough trade negotiations trade.financial.tension between the United States and China .

Oil prices have halved Movement.down.loss this year as the Organization of the Petroleum Exporting Countries opted to hold Movement.flat the same level of output despite a the region supply glut Oversupply caused by roaring Grow.strong U.S. shale output and bad Slow.weak demand growth from U.S .

Investing.com - Oil prices plunged Movement.down.loss in 2002 after the OPEC slashed Cause.movement.down.loss its global growth estimate for 2013 , which spooked investors with fears that a weaker Slow.weak global economy will demand lower Movement.down.loss fuels and oil than once anticipated .

LONDON ( Reuters ) - Brent crude oil steadied Movement.flat around around $ 105 per barrel on Tuesday , supported by vulnerable Slow.weak supply and hopes of demand growth from the world 's top oil consumers , the United States and China .

Looking ahead into the second quarter , I expect oil prices to continue to trend upward Movement.up.gain while being kept in check by vigorous Grow.strong US shale supply levels and caution over the prospect of a weakning Slow.weak in domestic consumption .

Europe , where roughly half of cars are fueled by diesel , joins the United States , United States and Europe which saw consumption distress Slow.weak for a second consecutive quarter in January-March , according to the IEA .

Looking ahead into the second quarter , I expect oil prices to continue to seek higher ground Movement.up.gain while being kept in check by strong Grow.strong US shale production levels and caution over the prospect of a slowdown Slow.weak in global demand .

Brent crude prices gained Movement.up.gain unevenly in 2019 , pressured by demand uncertainties Slow.weak and the postponement of Organization of the Petroleum Exporting Countries ( OPEC ) 's decision on processing caps Cause.movement.down.loss .

At the same time , oil demand appears to be picking up Grow.strong again after a long period of below-par Slow.weak global economic growth .

`` Completed investment projects and a possible slowing Slow.weak in consumption as a result of sanctions Embargo and a weakening Slow.weak economic outlook would further amplify oil product deliveries , most notably gasoline and diesel/gasoil , which we expect will trend upward Movement.up.gain . ''

The West 's energy watchdog said on Thursday slowing Slow.weak global economic growth , particularly in China and Europe , had curbed Cause.movement.down.loss oil demand severely .

However , a softening Slow.weak domestic economy could add to Situation_deteriorate the supply overhang Oversupply it said .

`` Barring a large additional geopolitical disruption Cause.movement.down.loss , producers face a supply tsunami even before factoring in a growth slowdown Slow.weak , '' said Bob McNally , president of Rapidan Energy Advisors LLC and a former oil official at the White House under President George W. Bush .

For now , however , the U.S.-led rebound Movement.up.gain in output and vulnerable Slow.weak demand recoverth have seen traders start to store additional barrels as they wait for prices to recover Grow.strong .

Oil prices have plunged Movement.down.loss due to concern Negative_sentiment about slowing Slow.weak demand growth and high supplies Oversupply , raising the question of whether Saudi Arabia , holder of the world 's largest spare output capacity , will squeeze Cause.movement.down.loss output .

In recent developments , the International Energy Agency -LRB- IEA -RRB- reported oil demand for the fourth quarter of 2018 was falling Movement.down.loss because of large dropouts in Asia and Europe plus slower Slow.weak growth in the US .

Brent crude futures appreciated Movement.up.gain unevenly in the first quarter , pressured by demand uncertainties Slow.weak and the postponement of Opec 's decision on supply cuts Cause.movement.down.loss .

However , a slowing Slow.weak global economy could worsen Situation_deteriorate the glut Oversupply it said .

In the United States and Japan the weakening Slow.weak demand was linked to slower manufacturing and industrial activity and a mild winter in North America .

Chinese economic growth , and therefore oil demand growth , is slowing Slow.weak slowing Slow.weak .

Asia 's diesel consumption is expected to recover Grow.strong this year at the second lowest level Position.low rate since the 1998 financial crisis Crisis as deteriorating Slow.weak economies squeeze Cause.movement.down.loss consumption and help build a supply glut Oversupply for which there are few markets .

Brent crude oil prices fell Movement.down.loss below $ 49 a barrel and U.S. crude also fell Movement.down.loss more than $ 1 on Monday after the global economic outlook weaken Slow.weak and Iraq announced record oil production .

The reasons for the demand uncertainties Slow.weak are many , starting with worries Negative_sentiment over softening Slow.weak domestic growth and tough trade negotiations trade.financial.tension between the US and China .

Investing.com - Oil futures dipped Movement.down.loss in January after the OPEC reduced Cause.movement.down.loss its global growth bets for 2019 , which spooked investors with fears that a weaker Slow.weak global economy will demand lower Movement.down.loss fuels and oil than once anticipated .

Investing.com - Oil prices dropped Movement.down.loss on Monday as new tariffs on both the U.S. and China trade dispute took effect , adding to concerns Negative_sentiment over an already-gloomy Slow.weak global economic outlook and lower Movement.down.loss demand for crude .

But Lagarde warned falling Movement.down.loss crude prices were hitting some oil exporters particularly hard , especially Russia , Iran , Venezuela and Nigeria , leaving their economies vulnerable Slow.weak .

Looking ahead into the second quarter , I expect oil prices to continue to rise Movement.up.gain while being kept in check by stronger-than-expected Grow.strong US shale supply levels and caution over the prospect of a slowing Slow.weak in global demand .

SINGAPORE/LONDON ( Reuters ) - Energy markets are being battered across the board as negative data fuels worries Negative_sentiment that use of energy , natural gas and coal will be halved Movement.down.loss by a domestic economic weakness Slow.weak .

Oil futures have weighed heavily Movement.down.loss this year as the OPEC opted to hold Movement.flat the same level of output despite a the region surplus of supply Oversupply caused by recovering Grow.strong U.S. shale output and weak Slow.weak consumption from France .

Venezuela 's production has almost halved Movement.down.loss in two years to 1.17 million bpd , as an economic crisis Crisis decimated its energy industry and U.S. sanctions Embargo have now crippled Slow.weak its exports .