Oil slumps 4 percent to lowest in a year as stock markets sink

December 20, 2018 admin Business News Comments Off on Oil slumps 4 percent to lowest in a year as stock markets sink

Oil prices fell more than 4 percent on Thursday, hitting their lowest in more than a year on worries about oversupply and the outlook for energy demand as a U.S. interest rate rise knocked stock markets.

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Source:: Reuters – Business News