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Oil plunged to the lowest in almost two weeks on growing concerns that China's faltering economy will erode demand in the world's biggest importer of crude.

Oil fell to its lowest in over a month amid growing concerns that a global economic slowdown will ultimately hobble demand.

Oil fell for the first time in eight sessions as traders took stock of the outlook for worldwide demand, with China's reopening delivering a lift while other parts of the global economy slow.

Oil fell after trading in a narrow range as traders weighed rising US crude inventories against expectations that OPEC+ will extend supply cuts.

Oil edged higher, extending a rally that has brought prices to a five-month high, after OPEC+ ministers affirmed current supply cuts.

Oil erased earlier losses to close higher, but remained within a tight range as traders weighed shrinking US stockpiles and the outlook for inflation in the world's largest economy.

Oil edged higher after a volatile session where traders weighed tightness in the physical market against macroeconomic concerns that are clouding the outlook for demand.

Oil edged higher as key technical levels provided a floor for losses while investors digested a mixed US inventories report.

Oil inched lower on limited fresh signs of escalating conflict in the Middle East, but prices hovered above monthly lows as technical support limited losses.

Oil edged lower as a stronger US dollar outweighed optimism that the Federal Reserve will stick to its path of interest-rate cuts this year.