Oil prices lower amid fears of investors about the state of the Chinese economy

Oil prices lower amid fears of investors about the state of the Chinese economy


The March futures price for North sea petroleum mix of mark Brent has fallen to 33,24 $ per barrel. The price of February futures for oil of mark WTI has fallen to of 32.55 per barrel.

MOSCOW, 11 Jan. World oil prices on Monday are demonstrating a negative trend, continuing to remain near the lowest level in more than 10 years, amid ongoing investor concerns over the state of the Chinese economy, the deterioration which may increase pressure on prices from the excess supply in global oil markets, according to AFP.

The survey

What will happen to oil prices in 2016?

  • Will collapse to $ 20 per barrel
  • Will remain at around 30-35 dollars
  • Edge up to 45-50 dollars
  • Soar to 90-100 dollars

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