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today Crude Oil extends losses in Asian trade

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moniljoshi



Oil extended its losses in Asian trade today on mounting concerns about an economic slowdown in China, with the strong US dollar also putting pressure on prices, analysts said.

New York's main contract, West Texas Intermediate (WTI) for delivery in September, was down 57 cents at $104.82 a barrel in mid-morning trade, while Brent North Sea crude for September shed 36 cents to $106.83.

Today at MCX Crude Oil August Future down 65.0 or 1.02% at 6202.0 after open at 6261.0, Today MCX Crude oil hit low of 6192 and high of 6261.0 in trade day.

more updates tomorrowstocktips-india

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