WTI falls for second day amid concerns on China economy

Source: Bloomberg
West Texas Intermediate dropped for a second day on concerns relating to China's economy cooling and forecasts that supplies of U.S. crude advanced for an eleventh week. Futures decreased 0.6% in NY after the 1% loss in March, the biggest in four month. The data showed the slowdown of China's manufacturing indexes, due to WTI for delivery in March dropped 57% to $101.01 a barrel and traded at $101.33 as of 10:22 in London.

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