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Reduction of production, under the impetus of the Organization of Petroleum Exporting Countries, Gross price Up more than 20% since the beginning of this year.
And caused American sanctions Sure Iran AndVenezuela FAO also faces a tight supply market.
Around 12:04 GMT, Brent crude in London was down 16 cents, or 0.24%, to 66.34 dollars per barrel, which represents a high of 66.83 dollars Monday.
US WTI futures prices rose 50 cents, or 0.9 percent, to $ 56.09 a barrel.
Demand concerns remain the main factor behind lower prices, he warned "HSBC" Holdings said the economic slowdown in China and Britain could lead to new hurdles this year.
The United States and China have more and more discussions to resolve their trade dispute in Washington, and traders are wary of the creation of new major centers before reaching a conclusion.
OPEC has lowered its global oil demand growth forecast in 2019 to 1.24 million bpd and some analysts believe that the outlook could further deteriorate.
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The reduction in production, under the impetus of the Organization of the Petroleum Exporting Countries (OPEC), has allowed the price of crude oil to increase by more than 20% since the beginning of the year. ;year.
US sanctions against Iran and Venezuela have also left the organization with a reduced supply.
Around 12:04 GMT, Brent crude in London was down 16 cents, or 0.24%, to 66.34 dollars per barrel, which represents a high of 66.83 dollars Monday.
US WTI futures prices rose 50 cents, or 0.9 percent, to $ 56.09 a barrel.
Demand concerns remain the main factor behind the price decline, and HSBC Holdings warned that the economic slowdown in China and Great Britain could create new hurdles this year.
The United States and China have more and more discussions to resolve their trade dispute in Washington, and traders are wary of the creation of new major centers before reaching a conclusion.
OPEC has lowered its global oil demand growth forecast in 2019 to 1.24 million bpd and some analysts believe that the outlook could further deteriorate.
