WTI falls below $90 a barrel amid China's economic slow-down

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Source: Bloomberg
West Texas Intermediate oil decreased to more than three-month low falling below $90 a barrel after a data showed that the gross domestic product in the world's second-biggest oil consumer China slowed unexpectedly in the Q1. WTI for delivery in May fell $2.83 on the NYMEX and was traded at $89.11 a barrel as of 2:48 p.m. in Singapore.

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