Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, July 28, 2015

Oil prices drop on Chinese woes

Oil prices drop on Chinese woes
London (AFP) July 27, 2015 - World oil prices slid on Monday to around four-month lows, hurt by poorly received economic data from China, the world's top energy consuming nation, traders said. A strong dollar and signs of increasing US oil production added further pressure to prices, which have already been depressed by a global oversupply of crude. US benchmark West Texas Intermediate (WTI) for September delivery f ... morehttp://www.oilgasdaily.com/reports/Oil_prices_drop_on_Chinese_woes_999.html

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