Oil is drifting amid Chinese stimulus concerns and oversupply fears – Trendy Blogger

Oil is drifting amid Chinese stimulus concerns and oversupply fears

 – Trendy Blogger

Oil prices were little changed on Tuesday, awaiting further price direction from OPEC’s monthly report, with investor disappointment over China’s latest stimulus plan and fears of oversupply keeping buying interest at bay. By 0745 GMT, Brent crude futures rose four cents to $71.87 a barrel. US West Texas Intermediate crude futures fell one cent to … Read more