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Judul : Oil prices drop amid glut concerns, US withdrawal from climate deal
link : Oil prices drop amid glut concerns, US withdrawal from climate deal
Oil prices drop amid glut concerns, US withdrawal from climate deal
SEOUL (June 2): Oil prices dropped below US$50 on Friday amid worries that US President Donald Trump's decision to abandon a global climate pact could spark more crude drilling in the United States, stoking a persistent glut in global supply.
Global benchmark Brent crude futures fell to US$49.93 a barrel, down 70 US cents, or 1.38%, by 0630 GMT.
US West Texas Intermediate crude futures dropped 72 US cents, or 1.49%, to US$47.64 per barrel.
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