Oil markets slid by around one percent in 2019’s first trading on Wednesday, pulled down by surging output in the United States and Russia and concerns about on an economic slowdown, especially in Asia’s main growth region of China. Brent crude futures were at $53.22 per barrel, down 58 cents, or 1.1%, from their final close of 2018. WTI futures were at $44.89 per barrel, down 52 cents, or 1.2%.Oil prices ended 2018 lower for the first time since 2015, after a desultory fourth quarter that saw buyers flee the market over growing worries about too much supply and mixed signals related to renewed U.S. sanctions on Iran. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961
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