Oil prices continue to weaken

Oil prices weakened again on Friday and soft Chinese data hit demand for risky assets.
U.S. crude fell below $60 for the first time since March after entering a bear market on Thursday.
Oil prices fell to multi-month lows as global supply increased and investors worried about the impact on fuel demand of lower economic growth and trade disputes.
U.S. West Texas Intermediate crude fell 0.77 per cent to $60.20 per barrel and Brent was last at $70.07, down 0.82 per cent on the day.

comments powered by Disqus
More Stories
Most Popular
Ruel Reid fired