![]() |
Oil slipped on TuesdayOil slipped on Tuesday |
|
International benchmarks for oil prices edged lower on Tuesday (13 September) after the EIA released its monthly report in which it down adjusted 2016 demand growth forecast by 100,000 barrel/day. This bearish report came a day after the OPEC painted a picture of a world still awash in crude thanks to resilient output from U.S. producers and others in its own report.
WTI closed at $44.90/barrel (-$1.39) for October delivery
Brent closed at $47.10/barrel (-$1.22) for November delivery