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Oil prices plumb lows amid poor growth outlook
Published Sun, Jul 24, 2016 · 09:50 PM
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London
WORLD oil prices hit the lowest levels for almost 2.5 months last week as a poor global growth outlook added to concerns over a long-running supply glut.
US benchmark West Texas Intermediate (WTI) struck US$43.69 a barrel on Wednesday - the lowest level since May 10.
On Friday, Brent North Sea crude slid to a near 2.5-month low point at US$45.26 a barrel.
A rally seen in early…
KEYWORDS IN THIS ARTICLE
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