(Finance) – Oil prices fell after Goldman Sachs cut crude oil prospects: a barrel of Brent is expected below $90 after two previous downward revisions in the last six months.
Concerns about fuel demand have increased after a string of weak Chinese data, starting with deflation in manufacturing prices and falling exports.
The Brenton Asian markets, fell 0.9% to $74.1, while US crude West Texas Intermediate it dropped 1.2% to $69.3.
Investors’ attention remains focused on the monetary policy meetings of the central banks: on Wednesday the Federal Reserve, on Thursday the ECB and on Friday the Bank of Japan.
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