Oil Prices Slide as Demand Concerns Outweigh Geopolitical Worries

Oil prices fell and Swissquote Bank said the ample global supply against a weak global demand outlook remains supportive of bearish positions, adding that a solid resistance is being seen in the $70-72 a barrel range.

Oil prices fell and Swissquote Bank said the ample global supply against a weak global demand outlook remains supportive of bearish positions, adding that a solid resistance is being seen in the $70-72 a barrel range.