Oil drops to 13-month low as traders eye Opec+ cuts

Weaker Chinese demand dragging down prices

Oil price: Brent futures fell $1.20, or 2.2%, to settle at $53.27 a barrel — Oil price: Brent futures fell $1.20, or 2.2%, to settle at $53.27 a barrelPhoto: REUTERS/SCANPIX

Reuters

Production US Americas North America

Published 10 February 2020, 23:26Updated 10 February 2020, 23:26