Energy

Oil markets: Global economy in focus

0


A worker grabs a nozzle at a PTT gas station in Bangkok, Thailand, January 5, 2016.

Athit Perawongmetha | Reuters

Oil prices edged lower on Tuesday, offsetting narrow gains in the previous session, on the expectation major producers would continue to reduce global supplies due to a slowing economic growth outlook.

International benchmark Brent crude futures were down 11 cents or 0.2%, from the previous settlement, to $58.46 a barrel by 0108 GMT.

U.S. West Texas Intermediate (WTI) futures were $54.81 per barrel, down 12 cents, or 0.2%, from the last close.

Saudi Arabia, the de-facto Organization of the Petroleum Exporting Countries (OPEC) leader, opened its books as part…



Source cnbc.com

Les Wexner gives feds documents showing alleged Jeffrey Epstein theft

Previous article

Epstein said he was helping Elon Musk on Tesla chairman

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Energy