Oil prices edge down on easing geopolitical risks, weak China demand

Capt. John

Oil prices edged lower on Tuesday as Israel acceptinga proposal to tackle disagreements blocking a ceasefire deal in Gaza eased supplyconcerns and China’s economic weakness weighed on the demand outlook. Brent crude LCOc1 was down 80 cents, or 1.03%, at $76.86 per barrel as of 0820 GMT. Front month...

https://www.hellenicshippingnews.com/oil-prices-edge-down-on-easing-geopolitical-risks-weak-china-demand/

Leave a Comment