China woes hit ANS
Fear of China demand destruction trumps Middle East war premium
Steve Sutherlin Petroleum News
Alaska North Slope crude -- in its fourth consecutive daily loss -- dropped $1.11 Aug. 21 to close at $77.00 per barrel. West Texas Intermediate plunged $2.11 to close at $71.93 and Brent dropped $1.15 to close at $76.05.
(See chart in the online issue PDF)
The four-day slide was set in motion on....
[additional news subjects in this story]
Bullish drawdown of US inventories Pace of China growth to slow
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