Oil Price Drops in the US with Data Showing Low Crude Usage

Oil prices declined in New York in the past days with new information showing a slower level of petroleum usage. March delivery for the benchmark WTI crude price per barrel declined by 87 cents to end at $97.61. In London, March delivery for Brent North Sea crude price grew by 58 cents to finish at $111.56. Positive economic data, particularly from China, which is experience an expansion in...
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