Oil is steady after Hurricane Barry and on US shale supply
Production in the Gulf of Mexico is coming back online after the storm, as surging US output and US-Iran tensions keeps the oil market nervous
16 July 2019 - 11:57
London — Oil prices steadied on Tuesday as a resumption of output in the Gulf of Mexico after Hurricane Barry and a boom in US supply due to shale oil countered tensions in the Middle East.
Prices remained under pressure as data on Monday showed that second-quarter economic growth in China slowed to 6.2% from a year earlier, the weakest pace in at least 27 years...
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