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Oil prices dip amidst fears of global economic slowdown
Oct. 7, 2019
Source: Reuters

Oil prices dip amidst fears of global economic slowdown

Oil prices continued their journey downhill today, stressed by fears of a global economic slowdown, while traders hope of progress in US-China talks. Brent crude futures LCOc1 were priced at $58.09 a barrel. U.S. West Texas Intermediate (WTI) crude CLc1 was traded at $52.64 a barrel. US and Chinese officials are set to convene in Washington on Oct. 10-11 in a fresh effort to reach a deal.

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