Oil prices fell by more than 1 percent on Tuesday due to concerns over a slowdown in the Chinese economy, which is impacting demand, despite growing consensus that the US Federal Reserve may start cutting interest rates in September.
Brent crude futu…
Crude oil declined in early trade on Tuesday, after China reported subdued GDP growth in 2024.
Global crude benchmark Brent was down 0.67 to $84.28 per barrel.
The US West Texas Intermediate (WTI) crude was trading at $81.32 per barrel, lower by 0.7…
Oil prices fell by more than 1 percent on Tuesday due to concerns over a slowdown in the Chinese economy, which is impacting demand, despite growing consensus that the US Federal Reserve may start cutting interest rates in September.
Brent crude futu…
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Oil prices fell by more than 1 percent on Tuesday due to concerns over a slowdown in the Chinese economy, which is impacting demand, despite growing consensus that the US Federal Reserve may start cutting interest rates in September.
Brent crude futu…
Oil prices declined at the close of trading on Monday.
Brent crude futures fell by 18 cents, or 0.2 percent, to settle at $84.85 per barrel. Meanwhile, West Texas Intermediate (WTI) crude dropped by 30 cents, or 0.4 percent, to settle at $81.91 per b…
South Korea’s car exports hit a fresh high in the first half of 2024, data showed Tuesday, amid growing global demand for hybrid models.
The combined value of car shipments reached US$37 billion in the January-June period, up 3.8 % from a year earlie…
Gold prices rose Tuesday after statements by Chair of the Federal Reserve (US central bank) Jerome Powell strengthened the justifications for lowering interest rates in September 2024, while investors await more US economic data for other indicators a…