Oil prices ease on mixed China trade data as US dollar rebounds
- Date: 07-Nov-2023
- Source: Al Bawaba
- Sector:Oil & Gas
- Country:Saudi Arabia
Oil prices ease on mixed China trade data as US dollar rebounds
Stronger US dollar weighs on oil prices as uncertainty shrouds China demand prospectsALBAWABA – Oil prices slipped on Tuesday, losing most of Monday’s gains, as the US dollar rose and mixed economic data from China, the world’s second-largest oil consumer, undermined the impact of Saudi Arabia and Russia’s supply cut extensions...