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Monday, 22 August 2016

Oil falls below $50 on Nigeria, Iraq supply boost

Oil falls below $50 on Nigeria, Iraq supply boost

International oil benchmark, Brent crude, retreated on Monday, falling below the
$50 per barrel mark on worries about growing Chinese fuel exports, more Iraqi
and Nigerian crude shipments and a rising US oil rig count.
China's July diesel and gasoline exports soared 181.8 per cent and 145.2 per
cent respectively from the same month last year, [...]

This Post :
http://www.massivetrendz.com/2016/08/23/oil-falls-below-50-on-nigeria-iraq-supply-boost/
Appeared First On http://www.massivetrendz.com

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