Oil prices slipped on Monday, as concerns that a global economic downturn may dent fuel consumption weighed. Crude markets, however, remained broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela.
Oil prices slipped on Monday, as concerns that a global economic downturn may dent fuel consumption weighed. Crude markets, however, remained broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela.