Home
Oil prices fall to a slowing US economy
10/30/15
BAGHDAD / Sky Press: Oil prices fell in early trading days last week, influenced by the report showed the US economy slowing significantly, which means more pressure on global demand in light of the current oil production rates.
In Asian trading on Friday morning it dropped the price of benchmark Brent slightly to $ 48.71 a barrel, while US light crude fell to $ 45.89 a barrel.
However, oil prices are expected to end this week's trading weekly gains between 1.5 and 2.5%.
The oil markets are looking forward to next week's purchasing managers' index in China, which is seen as one of the growth or slowdown in the Chinese economy directories.
[You must be registered and logged in to see this link.]
10/30/15
BAGHDAD / Sky Press: Oil prices fell in early trading days last week, influenced by the report showed the US economy slowing significantly, which means more pressure on global demand in light of the current oil production rates.
In Asian trading on Friday morning it dropped the price of benchmark Brent slightly to $ 48.71 a barrel, while US light crude fell to $ 45.89 a barrel.
However, oil prices are expected to end this week's trading weekly gains between 1.5 and 2.5%.
The oil markets are looking forward to next week's purchasing managers' index in China, which is seen as one of the growth or slowdown in the Chinese economy directories.
[You must be registered and logged in to see this link.]
