Tuesday, 1 January 2019

Oil prices slip, set for first annual drop since 2015

By Collin Eaton HOUSTON (Reuters) - Oil prices slipped 1 percent on the final day of the year, en route for their first annual drop in three years as fears of a slowing global economy and emerging supply glut outweighed impending production cuts from OPEC nations. Both oil benchmarks are down more than a third this quarter, the steepest decline since the fourth quarter of 2014

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

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