The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the...
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The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the lowest since December 2023. Crude oil prices depreciate due to concerns over demand in both the United States and China. The US ISM Manufacturing PMI indicated that factory activity contracted for the fifth consecutive month, with the pace of decline slightly exceeding expectations. Additionally, the world’s biggest crude importer, China, showed that manufacturing activity fell to a six-month low in August, with factory gate prices dropping significantly. On Thursday, the US Energy Information Administration (EIA) reported a Crude
The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the...
The price of silver (XAGUSD) continues to gain ground for the second successive session, trading around $28.40 per troy ounce in Thursday’s European...
TEMPE, Ariz. — September 3, 2024 — Economic activity in the manufacturing sector contracted in August for the fifth consecutive month and the...
The price of benchmark crude West Texas Intermediate (WTI) fell for the second successive session, trading around $72.50 a barrel in Asian markets on...
Oil prices plunged below $70 per barrel for the first time since 2021 on Tuesday, driven by growing concerns over slowing global economic growth....
Brent oil prices slid in Asian trade on Tuesday as concern about a sluggish economy in China bringing down demand outweighed the impact of a blockade...
THE Central Bank said declines in both international commodity prices and domestic energy production led to an overall deficit of $4.3 billion on the...
THE Central Bank said declines in both international commodity prices and domestic energy production led to an overall deficit of $4.3 billion on the...
US manufacturing activity shrank in August for a fifth month, reflecting faster rates of declines in orders and production.
OPEC+ has agreed to delay a planned oil output increase for October and November after crude prices hit their lowest in nine months, three sources...