Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand

Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the world’s largest crude importer — prompting prices to post a loss for the week.

from Stock Market News – Techyrack Hub https://ift.tt/Qns8TDk
via IFTTT