Oil drops 3% on weak global economic data

Global economic slowdown amplified by tariff conflicts and uncertainty over Brexit

Oil price: Brent crude settled at $59.48 a barrel, shedding $1.82, or 3%
Oil price: Brent crude settled at $59.48 a barrel, shedding $1.82, or 3%Photo: REUTERS/SCANPIX
Published 14 August 2019, 23:01Updated 14 August 2019, 23:01
ProductionNorth America