Crude Oil Cost Update — Bearish News Could Spike Costs Through $52.46
U.S. West Texas Intermediate crude oil futures tumbled nearly 1 percent on Monday after comments by a U.S. official dampened hopes that a U.S.-China trade deal would be reached over the short-run, feeding concerns that a slowing worldwide economy would decrease global demand increase. Costs were encouraged last Friday following President Donald Trump said he…
News story posted on 2019-10-22T07:58:00.0000000Z