Oil Prices Decline As Investors Weigh China Stimulus

Oil markets have continued their rollercoaster ride, with oil prices declining during Wednesday’s morning session as traders continue weighing on China’s latest stimulus package. Brent crude for November delivery declined 1.3% to trade at $74.22 per barrel at 10.25 am ET while WTI crude for October delivery fell by a similar margin to change hands at $70.60 per barrel. China has unleashed a swath of stimulus measures including cuts to its benchmark interest rate as Beijing battles a slowdown in the world’s second-largest economy.…