The Limited Times

Crude oil futures leveled off, reverted from lows for the first time in two months

10/3/2019, 9:41:17 PM


[New York 3rd Reuters]-Crude oil futures in US time are almost unchanged. In the early stages of trading against the backdrop of weak US economic indicators, the price dropped for the first time in about two months since the beginning of August. US WTI Crude Oil Futures &

[New York 3rd Reuters]-Crude oil futures in US time are almost unchanged. In the early stages of trading against the backdrop of weak US economic indicators, the price dropped for the first time in about two months since the beginning of August.

The liquidation price of US WTI crude futures <CLc1> is $ 0.19 per barrel = $ 52.45. North Sea Brent Futures <LCOc1> is $ 0.02 per barrel = $ 57.71.

The September 2009 non-manufacturing industry index (NMI) released by the American Supply Management Association (ISM) on September 3 was 52.6, the lowest level since August 2016. While concerns over customs measures have increased, it has been suggested that the effects of trade problems may have spread to a wide range of economic sectors.

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