Friday, 28 December 2018

Oil prices slide as concerns about global economy, oversupply weigh

By Stephanie Kelly NEW YORK (Reuters) - Oil prices fell on Thursday, retreating from an 8 percent rally in the previous session as the oil market focused on signs of faltering global economic growth and record production of crude. Brent crude futures dropped 4.24 percent, or $2.31, to settle at $52.16 a barrel. U.S.

from Latest News Business on Firstpost http://bit.ly/2Ah1crO

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