U.S. oil prices drop nearly 1% on weak Chinese retail-sales data

Date:

December 16, 2024

Oil prices were falling on Monday morning as traders assessed a batch of economic data in China that showed retail-sales growth unexpectedly weakened in November. Still, traders remained cautious ahead of the Federal Reserve’s policy meeting later this week.

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Alexandra Williams

Alexandra Williams is a writer and editor. Angeles. She writes about politics, art, and culture for LinkDaddy News.

U.S. oil prices drop nearly 1% on weak Chinese retail-sales data

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