Oil decreases less than $ 50 due to the Asian data

Oil decreases less than $ 50 due to the Asian data
2015-09-17T11:33:52+00:00

for the decline in US crude inventories more than expected.

Brent crude increased earlier on Thursday above $ 50 a barrel for the first time this week.

Japan's exports fell for the second consecutive month in August, in a sign of the slowdown of the Chinese economy that may have a negative impact on third-largest economy in the world. This data comes after the release of disturbing other data from other Asian economies, including South Korea and Taiwan, increasing concerns about the implications of a sharp slowdown in China.

The global Brent crude 25 cents went down to $ 49.50 a barrel by 0830 GMT, after rising to $ 50.14 a barrel earlier.

The US light crude fell 30 cents to $ 46.85 a barrel

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