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Oil drops in light volume; cautious week expected before OPEC - Reuters
Reuters | Oil drops in light volume; cautious week expected before OPEC Reuters "Low volume holiday trade, largely off on strong dollar and hard sell-off in Chinese equity markets," Jim Ritterbusch of Chicago-based oil consultancy Ritterbusch & Associates said in a commentary on oil. WTI was down $1.10 at $41.94 a barrel by 11:48 ... Oil prices fall more than 3% as dollar and oversupply continue to weigh Oil Prices Pressured By Stronger Dollar, Global Oversupply of Crude Oil prices dip on supply glut and shaky Chinese data |
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