Oil slips as China manufacturing slows

Made in China: A slip in manufacturing has given some oil analysts cause for pessimism.

Brent and US oil fell today after manufacturing in China hit a 28-month low, raising concerns that fuel demand at the world's second largest oil importer may slow. The news came as the market watched progress of reserve oil stocks sales by IEA member nations.

Newsletter signup


Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?