US supply cuts oil prices by 1% ؜

Media In / Agencies 10 January 2019

Oil prices fell more than 1 percent today due to growing US supply and amid caution after the talks between the United States and China ended without any concrete details on resolving trade disputes between the two countries.
US West Texas Intermediate crude futures were at $ 51.66 a barrel, down 70 cents, or 1.3 percent from the previous settlement.
Brent crude fell 1.2 percent, or 72 cents, to $ 60.72 a barrel.