Wti OIL Bearish

2019 may be somewhat less exciting and could endure lower prices. Demand is likely to dwindle down amid a global slowdown. Supply is set to remain abundant due to the main actors' reluctance to cut production. Oil prices continues to decline, as investors are looking into acquiring safe-haven assets, such as gold. Crude futures were seen at US West Texas Intermediate with prices at USD52.74 per barrel, 0.5 percent down from the last settlement.