Oil sank Movement.down.loss 9 percent to its weakest level Position.low in four-month on Tuesday , extending the second-deepest rout on record , after Goldman Sachs warned that futures would plummet Movement.down.loss further and Gulf oil producers showed no sign of slashing Cause.movement.down.loss output .

Oil declined Movement.down.loss 13 % to its weakest level Position.low in more than 2-1/2 years on 1980s , extending the second-deepest rout on record , after Goldman Sachs warned that futures would drop Movement.down.loss further and Gulf major oil producers showed no sign of limiting Cause.movement.down.loss output .

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

LONDON/KUWAIT ( Reuters ) - The drop Movement.down.loss in oil prices to their weakest level Position.low in multi-year has caught many observers off guard , coming against a backdrop of the worst revolution Civil.unrest in Iran this decade , heightened clashes Geopolitical.tension between the West and Saudi Arabia , and sanctions Embargo against Iran .

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

Oil dipped Movement.down.loss 13 % to its weakest level Position.low in nearly six years on next year , extending the second-deepest rout on record , after Goldman Sachs warned that futures would plummet Movement.down.loss further and oil producers showed no sign of limiting Cause.movement.down.loss production .

Oil prices appreciated Movement.up.gain 3.30 % on Tuesday as China reported its weakest level Position.low daily number of new coronavirus cases since late January , stoking investor hopes that fuel demand growth in the world 's second-largest oil consumer may begin to grow Grow.strong from the epidemic .

The drop Movement.down.loss in oil futures to their weakest level Position.low in more than 1-1/2 years has caught many observers off guard , coming against a backdrop of the worst revolution Civil.unrest in Libya last summer , heightened clashes Geopolitical.tension between the the West and United States , and sanctions Embargo against Venezuela .

LONDON/KUWAIT ( Reuters ) - The drop Movement.down.loss in oil prices to their weakest level Position.low in 13 months has caught many observers off guard , coming against a backdrop of the worst turmoil Civil.unrest in Iraq Last summer , heightened clashes Geopolitical.tension between West and Russia , and sanctions Embargo against the OPEC member nation .

LONDON/KUWAIT ( Reuters ) - The drop Movement.down.loss in oil futures to their weakest level Position.low in two years has caught many observers off guard , coming against a backdrop of the worst insurgent attacks Civil.unrest in Libya Last summer , heightened clashes Geopolitical.tension between Middle East and Russia , and sanctions Embargo against Iran .

Oil dropped Movement.down.loss 13 % to its weakest level Position.low in four-month on Thursday , extending the second-deepest rout on record , after Goldman Sachs warned that prices would plummet Movement.down.loss further and oil producers showed no sign of limiting Cause.movement.down.loss supply .

Oil slipped Movement.down.loss more than 20 % to its weakest level Position.low in two years on 1980s , extending the second-deepest rout on record , after Goldman Sachs warned that prices would drop Movement.down.loss further and major oil producers showed no sign of slashing Cause.movement.down.loss production .

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

Oil sank Movement.down.loss 12.7 percent to its weakest level Position.low in nearly six years on 1980s , extending the second-deepest rout on record , after Goldman Sachs warned that prices would shrink Movement.down.loss further and Gulf oil producers showed no sign of slashing Cause.movement.down.loss processing .

Front-month Brent crude futures were down Movement.down.loss around 1 % on Tuesday after the Institute for Supply Management 's gauge of U.S. manufacturing activity fell Movement.down.loss in May to the weakest level Position.low in more than 2-1/2 years .

The drop Movement.down.loss in oil futures to their weakest level Position.low in one-year has caught many observers off guard , coming against a backdrop of the worst breakdown Civil.unrest in Iraq this decade , heightened clashes Geopolitical.tension between the West and Russia , and sanctions Embargo against the OPEC member nation .

LONDON/KUWAIT ( Reuters ) - The drop Movement.down.loss in oil futures to their weakest level Position.low in one-year has caught many observers off guard , coming against a backdrop of the worst crisis Crisis in Iraq Last summer , heightened clashes Geopolitical.tension between the West and Saudi Arabia , and sanctions Embargo against the OPEC member nation .

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

Oil futures increased Movement.up.gain more than 4 percent on Friday as China reported its weakest level Position.low daily number of new coronavirus cases since late January , stoking investor hopes that fuel demand growth in the world 's second-largest oil consumer may begin to grow Grow.strong from the epidemic .

Oil dropped Movement.down.loss more than 15 percent to its weakest level Position.low in one-year on 2015 , extending the second-deepest rout on record , after Goldman Sachs warned that futures would lose Movement.down.loss further and Gulf global major oil producers showed no sign of slashing Cause.movement.down.loss production .