Oil prices fall more than two percent as U.S. stock markets retreat - Dealers Care

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Friday, 28 December 2018

Oil prices fall more than two percent as U.S. stock markets retreat

By Stephanie Kelly NEW YORK (Reuters) - Oil prices fell on Thursday after rebounding 8 percent in the previous session, as signs of faltering global economic growth and record production of crude pressured prices. Brent crude futures were $1.59 lower at $52.88 a barrel, a 2.9 percent decline, by 1:15 p.m. EST (1815 GMT)

from Latest News Business on Firstpost http://bit.ly/2SqwnI3

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