lower-on-monday
Oil edges down; weak China trade data drags
February 15, 2016 by publisher · Leave a Comment
By Osamu Tsukimori TOKYO (Reuters) – Brent and U.S. crude futures edged lower on Monday as the dollar regained ground and as weak Chinese trade data stoked concerns about demand in the world's biggest energy consumer. Both benchmarks jumped more than $3 a barrel on Friday after the United Arab Emirates' energy minister was quoted as saying that OPEC members are ready to cooperate on curbing production. The mood inside OPEC is shifting from mistrust to a growing consensus that a decision must be reached on…
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Oil edges down; weak China trade data drags