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OCTOBER 15,2019
U.S. / EU Trade Dispute Resumes International Oil Price Falling 2%
2019-10-15 10:58
The highly uncertain trade situation makes the prospect of crude oil demand worrying. Only by improving the situation can oil prices regain substantial growth. On Monday (October 14), the settlement price of West Texas Light Oil futures on the New York Mercantile Futures Exchange fell $53.59 per barrel in November 2019, down $1.11, or 2.0%, from the previous trading day, with a trading range of $52.77-54.9; the settlement price of Brent Crude Oil futures on the London Intercontinental Exchange in December 2019 was $59.35 per barrel, down $1.16, or 1.9%, from the previous trading range of 58.5-60.73. US dollars.
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