Crude oil futures lower on weakening demand, rising supply

Crude oil futures lower on weakening demand, rising supply
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07.08.2020

MOSCOW (MRC) --В Crude oil futures were lower in mid-morning trade in Asia Aug. 3 as weakening demand and rising supply weighed on market sentiment, reported S&P Global.At 10:48 am Singapore time (0248 GMT), the new front-month ICE Brent October crude futures fell 26 cents/b (0.6%) from the July 31 settle at USD43.26/b, while NYMEX September light sweet crude contract was down by 30 cents

Full article at mrcplast.com

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