Oil prices fail to control the slide
- FX Market
- 3 weeks ago
Oil prices continue to fall as the continuing standoff between Washington and Beijing dampens sentiment.
Along with that, Ecuadorian state company Petroecuador resumed oil exports following protests against the measure, while Kuwait and Saudi Arabia are said to also resume their Production line.
US crude oil dropped as much as 0.8% to $53.27 per barrel while Brent crude fell 0.6% to $58.71 per barrel.
Source: Smart Trend Team