PRESS ROOM
Oil markets edge lower on further economic growth concerns
Monday 21st October '19
China announced that its economy grew at an annualised rate of 6% in the third quarter of 2019- its slowest in 27 years and down from 6.4% and 6.2% in the first two quarters of the year. Oil markets were down during last week as global growth concerns mounted further pressure on the commodity while supplies remain ample.