Oil Extends Losses After Trump Douses Trade Talk Optimism
Wednesday, 25 September 2019 13:27 WIB | COMMODITY |MinyakWTIBrent

Oil prices fell on Wednesday for a second day on worries that fuel demand could fall after U.S. President Donald Trump doused recent optimism over China-U.S. trade talks and reignited concerns about global economic growth.

Brent crude futures (LCOc1) fell 47 cents to $62.63 a barrel by 04:42 GMT, while U.S. West Texas Intermediate crude (CLc1) dropped to $56.94, down 35 cents.

Both benchmarks have fallen to their lowest level since before the attack on Saudi Arabian oil facilities on Sept. 14.

Source : Reuters

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