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Rich Asplund

YOU WONT BELIEVE: Crude prices settle lower on chinese energy demand concerns | Mind Blowing Facts

Oil United States China Russia EIA IEA Iran Vortexa

September WTI crude oil (CLU23) on Tuesday closed down -1.52 (-1.84%), and Sep RBOB gasoline (RBU23) closed down -5.86 (-2.02%).

Crude oil and gasoline prices Tuesday closed moderately lower.  Crude prices were under pressure Tuesday on concerns about global oil demand after China reported weaker-than-expected industrial activity and retail sales last month.   A weaker dollar Tuesday contained losses in crude.

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