Oil prices fell on Monday, dragged down by an economic slowdown and worries abou...
SEOUL - Oil prices fell on Monday, dragged down by an economic slowdown and worries about the Sino-U.S. trade war, which have led to a cut in the growth outlook for oil demand.
International benchmark Brent crude futures LCOc1 were at $58.25 a barrel by 0007 GMT, down 28 cents, or 0.5%, from their previous settlement. The U.S.-China trade dispute rocked global equity markets last week, while a surprise build in U.S. crude stocks added downward pressure to oil prices, which have lost around 20% from their 2019 peaks reached in April. [EIA/S]
The Paris-based agency cut its 2019 and 2020 global oil demand growth forecast to 1.1 million and 1.3 million barrels per day , respectively.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
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.
Lire la suite »
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?
Lire la suite »
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.
Lire la suite »
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
Lire la suite »
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.
Lire la suite »
China Might Not Buy American Oil. So What?Assuming China goes after U.S. oil and gas, as it has done in the past, then what happens to the U.S.'s China oil market?
Lire la suite »