Crude drops as IEA cuts production forecasts

MTECHTIPS

Crude drops as IEA cuts production forecasts

Crude oil futures fell in Asian trading on Monday after the International Energy Agency cut its forecast for global crude demand.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at USD91.47 a barrel on Monday, down 0.88%, off from a session high of USD91.45 and up from an earlier session low of USD91.49.

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