Oil prices slip on Chinese demand concerns, rising U.S. activity

14 August 2017, Amsterdam — Oil prices fell on Monday as a slowdown in Chinese refining raised concerns about demand in the world’s second-biggest consumer, while an increase in U.S. drilling capacity could deepen a global supply glut. Chinese refineries processed 10.71 million barrels per day (b/d) in July, National Bureau of Statistics (NBS) data […] More »