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American supply drops in oil prices

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American supply drops in oil prices

Post by claud39 on Thu Jan 10, 2019 7:09 am

http://economy-news.net/content.php?id=15024



American supply drops in oil prices




 01/10/2019







Economy News - Baghdad




Oil prices fell more than 1 percent on Thursday, driven by growing US supply, amid cautious US-China talks, without any concrete details of a solution to trade disputes between the two countries.
US West Texas futures were at $ 51.66 a barrel at 08:07 GMT, down 70 cents, 1.3 percent from the previous settlement.
Brent crude fell 1.2 percent, or 72 cents, to $ 60.72 a barrel.

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