Oil prices fall as demand concerns overshadow Libyan export halt

Quick Summary:

SINGAPORE: Brent oil prices fell on Tuesday as sluggish economic growth in China, the world's biggest crude importer, increased worries about demand that overshadowed the impact of the halt of production and exports from Libya.

West Texas Intermediate crude futures, which did not settle on Monday because of the U.S.

Brent crude futures were down 17 cents, or 0.2%, to $77.35 a barrel by 0620 GMT.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaIsraelSingaporeYemen

Topics: Energy /Business/Business News WTI OPEC Brent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-03 @ 15:57:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © The Star

News ID: 22343682

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Year Established: 1971

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