Oil prices stable as impact of supply cuts dented by fuel demand growth fears
Preventing oil from rising further have been concerns that a economic slowdown that has gripped large parts of Asia and Europe, and which is showing signs of spilling into North America, will soon dent fuel demand growth.
US West Texas Intermediate (WTI) crude oil futures were at $58.55 per barrel, down 6 cents from their last settlement, and not far off their 2019-high of $58.74 from the previous day.
Published Date: Mar 15th, 2019 06:32 AM | Updated Date: March 15, 2019 12:31 PM IST
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