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 US crude oil West Texas Intermediate is trading lower at $75.10 on Wednesday as investors are concerned about slower economic growth in the United States and China. Data released by the Conference Board on Wednesday revealed that the US Consumer Confidence Index improved to 103.3 in August from an upwardly revised 101.9 in July. Nonetheless, consumers are more worried about the labour market after the Unemployment Rate reached a nearly three-year high of 4.3% last month. Furthermore, fears of the economic health and future oil demand in China weigh on the crude oil price, as China is the
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 benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the...
Oil prices plunged below $70 per barrel for the first time since 2021 on Tuesday, driven by growing concerns over slowing global economic growth....
HOUSTON: Brent crude oil prices fell by US$1 a barrel to US$72.75 on Wednesday because of pessimism about demand in the coming months as crude...
HOUSTON: Brent crude oil prices fell by US$1 a barrel to US$72.75 on Wednesday because of pessimism about demand in the coming months as crude...
Oil climbed more than 1% on Wednesday, paring some of the previous day’s losses, as a drop in U.S. crude inventories and concern about Hurricane...
Asia stocks have fallen and oil pries are weak, compounded by demand concerns as a slew of US economic data due throughout the week keeps markets on...
Worries that China’s external surpluses result from industrial policies reflect an incomplete view By Pierre-Olivier Gourinchas, Ceyla...
Worries that China’s external surpluses result from industrial policies reflect an incomplete view By Pierre-Olivier Gourinchas, Ceyla...
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...