Oil prices have collapsed Movement.down.loss this year as the Organization of the Petroleum Exporting Countries opted to maintain Movement.flat the same level of output despite a global glut Oversupply caused by expanding Grow.strong U.S. shale output and diminished Slow.weak demand growth from China .

Oil prices have collapsed Movement.down.loss this year as the Organization of the Petroleum Exporting Countries opted to maintain Movement.flat the same level of output despite a global glut Oversupply caused by expanding Grow.strong U.S. shale output and diminished Movement.down.loss demand growth from China .

LONDON ( Reuters ) - European demand for diesel is expected to have collapsed Movement.down.loss in the fourth quarter of 2018 for the first quarterly fall Movement.down.loss in nearly two years , the International Energy Agency reported on Thursday , the latest sign of slowdown Slow.weak in the fuel market .