Oil starts the week lower on disappointing Chinese export news
The fall in prices has put an end to last week’s rallies fuelled by the Opec+ production curb deal
09 December 2019 - 13:12
London — Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage being done to global demand by the trade war between Washington and Beijing.
Brent futures were down 44c, or 0.68%, at $63.95 a barrel by 9.35am GMT, after gaining about 3% last week on news that Opec and its allies would deepen output cuts...
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