U.S. oil prices drop nearly 1% on weak Chinese retail-sales data
Oil prices were falling on Monday morning as traders assessed a batch of economic data in China that showed retail-sales growth unexpectedly weakened in November. Still, traders remained cautious ahead of the Federal Reserve’s policy meeting later this week.
Oil prices were falling on Monday morning as traders assessed a batch of economic data in China that showed retail-sales growth unexpectedly weakened in November. Still, traders remained cautious ahead of the Federal Reserve’s policy meeting later this week.
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