Crude rally pauses, prices slide on profit-taking as market awaits fresh drivers

Crude rally pauses, prices slide on profit-taking as market awaits fresh drivers
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21.08.2020

MOSCOW (MRC) -- Crude oil futures were lower in mid-morning trade in Asia on Aug. 18 as investors took some profit and paused for fresh drivers after an overnight rally on improved fundamental outlook buoyed the global crude complex, reported S&P Global.At 10:19 am Singapore time (0219 GMT), the ICE Brent October crude futures were down 17 cents/b (0.37%) from the Aug. 17 settle at USD45.

Full article at mrcplast.com

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