Oil Slips On Economic Downturn Fears, But OPEC Cuts Offer Support

Oil prices fell on Friday after the United States showed signs of following Asia into an economic slowdown, although supply cuts by producer club OPEC kept declines in check. 
US West Texas Intermediate (WTI) crude oil futures were at $46.71 per barrel at 0117 GMT, down 35 cents, or 0.7 percent, from their last settlement. International Brent crude futures were down 38 cents, or 0.7 percent, at $55.57 a barrel. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996