Arab Today, arab today oil futures fall on concerns over global growth brexit
Last Updated : GMT 23:12:04
Arab Today, arab today
Arab Today, arab today

Oil futures fall on concerns over global growth, Brexit

Arab Today, arab today

Arab Today, arab today Oil futures fall on concerns over global growth, Brexit

Oil futures fall on concerns over global growth, Brexit
Tokyo - QNA

Crude oil futures fell in Asian trade on Tuesday on concerns over global growth and overnight declines in stocks on the impending vote on Britain's possible European Union exit.

    Brent crude oil futures slipped below $50 a barrel, falling 41 cents to $49.94 by 0445 GMT, dropping for a fourth successive day. US crude was down 46 cents, or nearly 1%, at $48.42 a barrel, also down for a fourth day in a row. 

    A stronger dollar overnight spilled into the oil market, while markets eyed recent polls showing Britain's "Leave" campaign in the lead ahead of a referendum on membership of the European Union. A vote by Britain to leave the European Union, dubbed "Brexit," may tip Europe back into recession, putting more pressure on the global economy.

    Meanwhile, concerns about Chinese growth are also weighing on sentiment, enough to set aside bullish signs such as a U.S. government forecast on Monday that shale oil output is expected to fall in July for the seventh consecutive month. OPEC also forecast on Monday that the world oil market would be more balanced in the second half of 2016 as outages in Nigeria and Canada help to speed up the erosion of a supply glut.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil futures fall on concerns over global growth brexit Arab Today, arab today oil futures fall on concerns over global growth brexit

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil futures fall on concerns over global growth brexit Arab Today, arab today oil futures fall on concerns over global growth brexit

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday