Oil marginally lower as global economic concerns loom

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Published Aug 27, 2023 09:22PM ET Updated Aug 28, 2023 12:01AM ET © Reuters. FILE PHOTO: China National Petroleum Corporation (CNPC)'s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 2018. Picture taken July 17, 2018. REUTERS/Chen Aizhu/File Photo LCO -0.19% Add to/Remove from Watchlist CL -0.08% Add to/Remove from Watchlist By Florence Tan and Sudarshan Varadhan SINGAPORE (Reuters) -Oil prices were marginally lower on Monday as investors stayed fretful over the pace of economic growth in China, and the prospect of further U.S. interest rate hikes that could dampen fuel demand....