
Oil prices slide on concerns of a sharp economic slowdown
Economic concerns outweigh supply disruptions, as Morgan Stanley warns of rising inflation.

Economic concerns outweigh supply disruptions, as Morgan Stanley warns of rising inflation.

US oil imports, now worth about US$1 billion a month, will be hit by escalating trade war with China.

Producers look set to continue cutting output for the rest of the year and potentially into 2019.

Iran's increased exports undermine efforts by other oil producers to curb a global fuel supply.

Traders said oil prices rose on a sharp fall in the dollar on Friday.


