Oil prices down for the second straight day

  • Dec 11, 2019 GMT
  • Team Kalkine
  • Despite a deeper rate cut agreed amongst the OPEC and its allies for 2020 to sustain crude oil prices, crude oil prices traded lower for the second straight day in a row. The International Oil benchmark Brent Oil declined 02.28% to $64.13/bbl and the American Oil benchmark Crude WTI traded 0.12% lower at $59.17/bbl.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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