LIVE MCX CRUDE OIL NEWS UPDATE 💰💰📉📉@@ www.tradelinecommodity.com India's No.1mcx Tips Provider Missed Call @:/8057046270/8923452051
UPDATE 3-Oil falls by 1 pct on China trade slump, although crude imports remain high Brent crude oil falls back below $60 per barrel * China reports slump in import-export data * Despite weak trade data, China oil imports hold above 10 mln bpd * OPEC-led supply cuts also provide oil with some support (Updates prices) By Henning Gloystein SINGAPORE, Jan 14 - Oil prices fell by 1 percent on Monday, with Brent crude slipping below $60 per barrel, after Chinese data showed weakening imports and exports in the world's biggest trading nation and second-largest c rude oil consumer. International Brent crude oil futures were at $59.88 per barrel at 0816 GMT, down 60 cents, or 1 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures were down 59 cents, or 1.1 percent, at $51 a barrel. China's overall exports fell by 4.4 percent in December from a year earlier, the biggest monthly drop in two years, official data showed on Monday, pointing to furth