[New York 3rd Reuters]-Crude oil futures prices fell in US time. Concerns about the slowdown of the global economy have risen against the backdrop of manufacturing-related indicators, and US crude oil futures are down 2%. US-China trade friction continued to be a weight of investor sentiment.
The liquidation price of US WTI crude futures <CLc1> is $ 1.16 (2.1%) lower, 1 barrel = $ 53.94. The price dropped to $ 52.84 at a time, and the low price since August 9th.
North Sea Brent Futures <LCOc1> is $ 0.40 (0.7%) lower at $ 58.26. At $ 57.23 at a time, this was also the lowest since August 9th.
Crude oil futures prices have widened down as the US Industrial Management Association (ISM) announced on August 3 that the manufacturing index in August fell below 50, the first milestone in economic expansion and contraction since August 2016 It was.
Again Capital partner John Kyldoff said the decline in the ISM manufacturing economy index "will continue to worsen the oil demand outlook."