WTI oil prices fell beyond the $78 level, continuing declines from last week.
At 10:03 pm Thai time, West Texas crude oil price (WTI) for delivery in April. less $0.62 or 0.79% to $77.39/barrel.
WTI oil price fell 2.45% last week. Amid concerns about demand in China Including the International Energy Agency (IEA) predicting that there will be enough oil in the world market this year. Meanwhile, demand expanded weakly.
Investors keep an eye on the Consumer Price Index (CPI), which measures inflation from consumer spending. February tomorrow This will show the direction of US interest rates.
Moreover, the market will keep an eye on the American Petroleum Institute (API) crude oil stock release tomorrow. This is before the US Energy Information Administration (EIA) releases the data on Wednesday.
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