Oil falls, Brent posts biggest quarterly drop this year on demand fears

Oil falls, Brent posts biggest quarterly drop this year on demand fears
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02.10.2019

MOSCOW (MRC) -- Oil prices fell on fading concerns of supply shortfalls and conflicts in the Middle East after the Sept. 14 attack on Saudi Arabia, but global benchmark Brent posted its biggest quarterly loss this year on demand fears due to the escalating U.S.-China trade war, said Reuters. Brent crude LCOc1 futures settled at USD60.78, down USD1.13, or 1.8%. U.S. West Texas Intermediate

Full article at mrcplast.com

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