# Oil prices fall, with Brent at lowest finish since July on prospects for weak demand - MarketWatch

> Brent crude settled at its lowest level since July and WTI ended near its lowest in a month as demand worries persisted. Losses followed a sharp US equity selloff tied to tech valuations rather than a new negative global headline.

- Date: 2020-09-03 · published 2020-09-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/10227-oil-prices-fall-with-brent-at-lowest-finish-since-july-on-prospects-for-weak
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Equity-driven risk-off moves and soft demand outlook weigh on crude prices, which can spill into biofuel feedstock and energy-linked commodity sentiment.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| WTI | 2020-09-03 | 1 | -3.4% | -3.6 | Dated 2020-09-03, it describes WTI falling to near a one-month low on weak demand amid a sharp US equity selloff, which matches the move on that day (sentiment/demand). |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/oil-prices-fall-to-one-month-low-as-us-dollar-bounces-2020-09-03

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.