Global oil markets shrug off sanction threat, count for decrease in demand

10.08.2018

“Brent crude futures slipped 6 cents lower to $72.22 a barrel by 12:25 p.m. EDT (1625 GMT) and U.S. crude CLc1 fell 7 cents to $66.87 a barrel,” Reuters reported on Thursday evening. “Both benchmarks tumbled more than 3 percent on Wednesday after U.S. data showed a smaller-than-expected weekly draw...