Friday, January 17, 2025
Oil prices fall on fading storm impact, Chinese economic data - Oil&Gas360

Oil Prices Fall on Fading Storm Impact, Chinese Economic Data 

From Reuters Oil prices edged lower on Monday on signs that the impact of a tropical storm on U.S. Gulf Coast production and refining would be short-lived, while Chinese economic data dimmed the crude demand outlook. A horizontal drilling rig on a lease owned by Parsley Energy operates at sunrise in the Permian Basin near Midland, Texas U.S. August 24,