Oil prices fall over concern on dismal July indicators of China
Oil prices fall over concern on dismal July indicators of China
Transcript
00:00Oil prices fell by more than a dollar following a string of dismal indicators for July from China.
00:06Brent crude futures went down to $79.97 per barrel,
00:11while US West Texas Intermediate fell to $76.89 per barrel.
00:17Experts say the oil market is struggling to retain the recently recaptured $80 per barrel floor
00:23due to the recent string of weak macroeconomic indicators from countries like China.
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