United Kingdom Retail Sales ex-Fuel (YoY) came in at 4.1%, above expectations (3.4%) in February

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Mar 24, 2016

Brent oil dips below $40 on concerns of oversupply

Brent prices extended losses in the European session to trade below $40.00/barrel after the US weekly inventory data brought oversupply fears back in the limelight.

United Kingdom Retail Sales ex-Fuel (YoY) came in at 4.1%, above expectations (3.4%) in February

Brent oil dips below $40 on concerns of oversupply

United Kingdom Retail Sales (MoM) above expectations (-0.7%) in February: Actual (-0.4%)