CrudeOil Highlights from 11 Sep,2015 - 24 Sep,2015
Crude oil prices went down during the last fortnight compared to last time because of drop in Crude oil imports by China coupled with weak economic data from China. Continuous Crude oil price fall was also a result of bearish pressures exerted on the economy of China. Statistics Data released by China’s National Bureau, the country’s industrial production grew in August 2015. Crude oil prices went down marginally due to rise in Crude oil inventories during 2nd week of September. Crude oil prices further decreased during 3rd week of September due to weak economic data from Japan.