Oil prices dipped on Monday amid worries about an economic slowdown and the Sino...
SEOUL - Oil prices dipped on Monday amid worries about an economic slowdown and the Sino-U.S. trade war, which have led to a cut in the growth outlook for oil demand.
U.S. West Texas Intermediate CLc1 futures were at $54.29 per barrel, down 21 cents, or 0.4%, from their last close.“Oil prices are falling at the start of the trading week due to lower demand forecasts published last week and pessimism about a U.S.-China trade deal,” said Alfonso Esparza, senior market analyst at OANDA in Toronto.
Mounting signs of an economic slowdown and a ratcheting up of the trade row have caused global oil demand to grow at its slowest pace since the financial crisis of 2008, the International Energy Agency said on Friday.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Start your Monday smart: What's happening this weekKashmir. Cosby appeal. Ex-White House counsel trial. Child abuse cases. Woodstock at 50. Premier League. Gymnastics and Pokemon championships. Here's what the next six days will bring.
Baca lebih lajut »
TV Long View: Fall 2019 Monday Network Ratings ForecastThe Hollywood Reporter sizes up the broadcast networks' schedules for the 2019-20 season: Will any of the four new shows on Mondays break out?
Baca lebih lajut »
China fixes yuan midpoint at 7.0211 on Monday — weaker than 7 for three consecutive sessionsThe People's Bank of China set the official midpoint reference for the yuan at 7.0211 per dollar on Monday — weaker than the previous session.
Baca lebih lajut »
At least 50 people killed in an oil tanker explosion in TanzaniaAt least 50 people have died in an oil tanker explosion in Tanzania, local authorities say
Baca lebih lajut »
The 5 Best Oil Substitutes for Salad DressingsHere are five ingredients that make stellar oil substitutes, plus some of our favorite ways to use them.
Baca lebih lajut »