Monday, July 11, 2011

OIL FUTURES: Crude Falls On Worries Of Weak US, China Oil Demand - Wall Street Journal

SINGAPORE (Dow Jones)--Crude-oil futures fell in Asia trading Monday tracking signs of fading demand in the world's top two oil consumers.

China's crude imports in June fell to the lowest level in eight months due to planned refinery maintenance and a slowdown in the country's manufacturing growth following Beijing's monetary tightening measures.

Oil market sentiment was already bearish before Chinese data Sunday showed ...


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