Crude Oil Price Falls Over Demand Pressures

On Tuesday, the price of crude oil continued to fall as investors worried about a slowdown in China’s economic expansion and anticipated further US interest rate increases. Benchmark Brent crude for international trading closed at $84.36 per barrel, down 0.12% from Monday’s closing price of $84.46 per barrel. West Texas Intermediate (WTI), the American benchmark, … Continue reading Crude Oil Price Falls Over Demand Pressures