[New York 12th Reuters]-US time crude futures fell about 1%. In addition to the suspicion of the possibility of an interim agreement over US-China trade issues, the OPEC Plus, which is made up of member countries of the Organization of Petroleum Exporting Countries (OPEC) and non-member countries such as Russia, made no decision over further reductions in production. It became a weight.
The European Central Bank (ECB) also decided to introduce comprehensive additional monetary easing measures such as interest rate cuts and the resumption of quantitative easing (QE) at the board meeting on that day.
The clearing value of North Sea Brent futures <LCOc1> is $ 0.43 (0.71%) lower per barrel = $ 60.38, and US WTI crude futures <CLc1> is $ 0.66 (1.18%) lower $ 55.09.