Saudi oilfield attack lifts oil, but recession concerns cap gains
US and China trade deputies could advance negotiations over ending a trade battle between the two countries, White House economic adviser Larry Kudlow said
19 August 2019 - 08:08
Singapore — Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for signs that Sino-US trade tensions could ease.
But price gains were capped by an unusually downbeat Opec report that stoked concerns about growth in oil demand...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.