21 Jul, 2024
2 mins read

Oil Prices Slide Amid Strong US Dollar and China’s Economic Challenges

In Asian trade at midmorning on Monday, crude oil prices declined as China’s economic recovery continued to disappoint and the U.S. dollar strengthened. Despite the decline, benchmarks remain significantly higher than they have been for months. Brent crude was trading barely below $86 per barrel at the time of writing, while West Texas Intermediate was […]