Market, OIL, Stock Market
October 10, 2022
41 views 3 mins 0

OIL SLIPS FROM 1-MONTH HIGH AS WEAK CHINESE DATA FUELS DEMAND FEARS

Oil fell on Monday as an unexpected contraction in China’s service sector fueled fears of slowing demand, although an OPEC supply cut and the prospect of more disruptions in Russia kept prices pinned near a one-month high London-traded Brent oil futures fell 0.7% to $97.73 a barrel, while U.S. West Texas Intermediate crude futures fell […]

OIL
September 28, 2020
36 views 3 mins 0

Oil slips as surge in virus cases cloud demand recovery

By Administrator_India Capital Sands Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after last week’s slips. Brent crude  fell 23 cents, or 0.6%, to $41.69 a barrel by 0243 GMT […]