25 days ago • Posted by Martin Boujol

US oil prices see their biggest drop in 6 months

The US benchmark, West Texas Intermediate, closed down 7.1%, at $60, its biggest price drop in the last 6 months. This puts an end to the unbroken rally that has been going on for the past year. The reason seems to be a flagging demand in both China and the US that sent a chilling wind throughout markets.

Source: FT

#Commodities
US oil prices see their biggest drop in 6 months
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