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Oil falls as U.S. output climbs and energy demand concerns linger
Oil futures declined Thursday, pressured by recent data showing a weekly climb in U.S. crude production, as concerns over a slowdown in energy demand from China lingered.
West Texas Intermediate crude for February delivery CLG9, fell 70 cents, or 1.3%, to $51.61 a barrel on the New York Mercantile Exchange, a day after posting a modest gain of 0.4%. March Brent crude LCOH9,gave up 80 cents, or 1.3%, to $60.52 a barrel on ICE Futures Europe.
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https://www.marketwatch.com/story/oil-si...2019-01-17
Oil futures declined Thursday, pressured by recent data showing a weekly climb in U.S. crude production, as concerns over a slowdown in energy demand from China lingered.
West Texas Intermediate crude for February delivery CLG9, fell 70 cents, or 1.3%, to $51.61 a barrel on the New York Mercantile Exchange, a day after posting a modest gain of 0.4%. March Brent crude LCOH9,gave up 80 cents, or 1.3%, to $60.52 a barrel on ICE Futures Europe.
...
https://www.marketwatch.com/story/oil-si...2019-01-17
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