Fetching News Details

China's disappointing economic data impacts oil prices
Oct. 19, 2020
Source: Reuters

China's disappointing economic data impacts oil prices

The week started with a decline in the oil prices after the reports of lower than expected third-quarter economic growth of China. Brent slipped by 0.4%, to $42.78 a barrel. WTI went down and was traded at $40.70 a barrel. The world's second-largest economy just witnessed a minimal swell of 4.9% in its third quarter. According to the reports, Chinese data on crude processing and industrial metals output is disappointing.

   Read More About : Brent Price China Oil Prices WTI
⬅ all news

Please Login to Save News for Later