Oil dips on low global growth creating demand-side concerns
Opec and other producers signal they may look at further oil-supply curbs to lend price support
16 October 2019 - 12:18
London — Oil slipped further below $59 a barrel on Wednesday, pressured by concerns about weaker demand for fuel due to slower economic growth and forecasts of a further rise in US crude inventories.
Signs from oil cartel Opec that further curbs to oil supply could come in December lent support, as did wider market optimism about a potential Brexit deal. ..
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