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Home News Oil & Energy

Oil prices drop as Chinese demand data disappoints

admin by admin
October 24, 2022
in Oil & Energy
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LONDON, Oct 24 (Reuters) – Oil prices slid on Monday after Chinese data showed that demand from the world’s largest crude importer remained lacklustre in September as strict COVID-19 policies and fuel export curbs depressed consumption.

Brent crude futures for December settlement were down $1.17, or 1.3%, at $92.33 a barrel by 1217 GMT, after rising 2% last week. U.S. West Texas Intermediate crude for December delivery was at $83.65 a barrel,…



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