FOX LIVE NEWS UPDATE

UPDATE 2-Oil prices dip as demand outlook dims; Iran sanctions provide some support
Aug 13 (Reuters) – Oil prices dipped on Monday as rising trade tensions dented the outlook for fuel demand growth especially in Asia, although U.S. sanctions against Iran still pointed towards tighter supply.

Front-month Brent crude oil futures LCOc1 were at $72.63 per barrel at 0509 GMT, down by 18 cents, or 0.25 percent from their last close.

U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $67.63 a barrel, unchanged from their last settlement.

for contact: 9719001955 / 8630880151
www.foxcommodities.co