Oil slips on Monday over weak Chinese export data

  • Dec 09, 2019 GMT
  • Team Kalkine
  • At the time of writing (at 02: 38 PM GMT), international oil benchmark Brent Oil extended early losses and traded 0.30% lower at $64.23/bbl and registered an intraday high and low of $64.41/bbl and a low of $63.62/bbl while American Oil benchmark Crude Oil WTI traded 0.61% lower at $58.83/bbl and registered an intraday high of $59.19/bbl and low of $58.80/bbl.
  • Oil Prices declined over weak Chinese export data, that raises concerns over the potential impact of US-China trade war the world’s second largest economy.

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