# Oil falls 1 percent, U.S. crude on longest losing streak since 1984

> Oil prices fell nearly 1% on Friday as global supply increased and investors worried that demand growth could slow. U.S. crude posted its longest stretch of daily declines since 1984.

- Date: 2018-11-09 · published 2018-11-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6660-oil-falls-1-percent-u-s-crude-on-longest-losing-streak-since-1984
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher supply and weaker demand expectations push crude lower, which reduces energy and transport costs that feed the broader commodity complex.

## Read by commodity

- WTI: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/us-global-oil/oil-falls-1-percent-u-s-crude-on-longest-losing-streak-since-1984-idUSKCN1NE050/?feedName=businessNews&feedType=RSS

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