Crude oil continues to slide on Chinese demand, OPEC supply concerns
Crude oil continues to slide on Chinese demand, OPEC supply concerns
International benchmarks for crude oil fell more than 1% on Monday, 1 March 2021 as investors become concerned over the state of demand for fuel in China while expecting OPEC to lift output following a meeting this week.
Brent fell $0.75/barrel or 1.13% to $66.13/barrel.
WTI fell $2.03/barrel or 3.3% to $61.50/barrel.