Oil complex retreats as economic uncertainty clouds demand outlook
29.07.2020
MOSCOW (MRC) -- The oil complex settled lower July 23 as demand outlook came under pressure amid growing economic uncertainty following a weak US jobs report, according to S&P Global.NYMEX September WTI settled 83 cents lower at USD41.07/b and ICE September Brent was down 98 cents on the day at USD43.31/b.Oil futures, which were already trending off overnight highs, turned lower ahead of