Oil Prices Slide on Disappointing China, US Economic Data, Despite IEA’s Demand Forecast

[ad_1] Last Updated: May 16, 2023, 23:47 IST Both benchmarks rose more than 1% on Monday, reversing a three-session losing streak. (Image: Reuters File) Brent crude futures were down 30 cents to $74.93 a barrel by 12:57 p.m. EDT (1657 GMT), while U.S. West Texas Intermediate crude edged down 22 cents to $70.89 Oil futures … Read more