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Oil prices drop on concerns Chinas flagging economy to limit demand

Oil prices fell on Monday after data showed Chinas inflation rate declined and a lack of clarity on the countrys economic stimulus plans stoked fears about fuel demand in the worlds biggest crude importer.

Posted by Hicham ALAOUI RIZQ on 2024, Oct 14

Introduction

Oil prices fell on Monday after data showed Chinas inflation rate declined and a lack of clarity on the countrys economic stimulus plans stoked fears about fuel demand in the worlds biggest crude importer.

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Read more: Oil prices drop on concerns Chinas flagging economy to limit demand