Crude oil futures in Asia continue their downward trend amid US gasoline stock build, poor demand outlook

Crude oil futures in Asia continue their downward trend amid US gasoline stock build, poor demand outlook
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19.08.2021

MOSCOW (MRC) -- Crude oil futures extended losses sustained overnight during mid-morning Asian trade Aug. 19, as concerns over the slowdown in oil demand intensified after US data showed a build in US gasoline stockpiles, while investors remained spooked by the delta variant spread, reported S&P Global.At 10:32 am Singapore time (0232 GMT), the ICE October Brent futures contract was down

Full article at mrcplast.com

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