Friday, 14 September 2018

Global oil prices claw back some ground, but demand worries drag

Oil on Friday clawed back some of its losses from the previous session when prices fell the most in a month, reports Reuters although worries that emerging market crises and trade disputes could dent demand continued to drag.



China will not 'surrender' to US demands in trade talks: Report 
China will not buckle to US demands in any trade negotiations, the major state-run China Daily newspaper said in an editorial on Friday, after Chinese officials welcomed an invitation from Washington for a new round of talks.
Oil records steepest drop in a month as economic concerns threaten demand
Oil prices fell more than 2 percent on Thursday, with Brent slipping back from four-month highs as investors focused on the risk that emerging market crises and trade disputes could dent demand even as supply tightens, reports Reuters.
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