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[rtl]Release date: 2019/7/9 8:30 • 58 times scheduled[/rtl]
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Oil prices have stabilized as tensions over Iran's nuclear program have raised concerns that slowing world economic growth could hurt demand for crude.
Brent crude futures fell 12 cents to settle at $ 64.11 a barrel, while US WTI futures rose 15 cents to settle at $ 57.66 a barrel.
Oil prices moved higher in most of the session, but fell ahead of the settlement.
Iran has threatened to restart the shut-down centrifuges and increase uranium enrichment to 20 percent, a move that would create more global and regional tensions.
US President Donald Trump on Sunday issued a new warning about Iran's nuclear activities. "They should be careful," he said.
Continued concerns about demand continue to put pressure on oil prices, while the US-China trade war has undermined prospects for global economic growth.
http://alforatnews.com/modules/news/article.php?storyid=202998
[/rtl]
Oil settles amid demand fears
[/rtl][rtl]Release date: 2019/7/9 8:30 • 58 times scheduled[/rtl]
Oil prices have stabilized as tensions over Iran's nuclear program have raised concerns that slowing world economic growth could hurt demand for crude.
Brent crude futures fell 12 cents to settle at $ 64.11 a barrel, while US WTI futures rose 15 cents to settle at $ 57.66 a barrel.
Oil prices moved higher in most of the session, but fell ahead of the settlement.
Iran has threatened to restart the shut-down centrifuges and increase uranium enrichment to 20 percent, a move that would create more global and regional tensions.
US President Donald Trump on Sunday issued a new warning about Iran's nuclear activities. "They should be careful," he said.
Continued concerns about demand continue to put pressure on oil prices, while the US-China trade war has undermined prospects for global economic growth.
http://alforatnews.com/modules/news/article.php?storyid=202998
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