US EditionOil prices drop below $64 amid weak US labor data and OPEC supply boost signals
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Oil prices drop below $64 amid weak US labor data and OPEC supply boost signals
Oil prices fell below $64 on international markets on Thursday as signs of weakening U.S. labor demand were compounded by signals from major producers that they could boost supply. A barrel of crude traded 95 cents lower in London after midday than it had closed at $63.95 yesterday. It was down $1.10 at $60.74 on the U.S. market. The market's attention was drawn this morning to a ruling by the U.S. Trade Court that President Donald Trump had exc…
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