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Oil prices edge lower ahead of U.S. stockpile numbers

Oil&Gas Materials 29 October 2019 08:51 (UTC +04:00)
Oil prices slipped on Tuesday
Oil prices edge lower ahead of U.S. stockpile numbers

Oil prices slipped on Tuesday as investors awaited U.S. crude inventory data for a pointer on oil demand trends, while concerns about slower economic growth overshadowed signs of a thawing in the trade war between Washington and Beijing, Trend reports citing Reuters.

Brent LCOc1 futures were down 6 cents at $61.51 a barrel by 0311 GMT, having fallen 0.7% on Monday.

U.S. West Texas Intermediate (WTI) CLc1 crude was down 12 cents at $55.69, after falling 1.5% in the previous session.

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