4 months Oil slips as demand outlook, trade dispute weigh MB |Biz
By Reuters SEOUL – Oil prices dipped on Monday amid worries about an economic slowdown and the Sino-US trade war, which have led to a cut in the growth outlook for oil demand. Pump jacks operate at sunset in an oil field in Midland, Texas US August 22, 2018.(REUTERS / Nick Oxford / File Photo / MANILA BULLETIN) International benchmark Brent crude futures were at $58.35 a barrel by 0249 GMT, down 18 cents, or 0.3%, from their previous settlement. US West Texas Intermediate (WTI) futures were at $54.29 per barrel, down 21 cents, or 0.4%, from their last close. ... more