
Oil Posts More Than 2% Loss as China Demand Remained Weak
Oil prices were down over 2% on Monday as demand in leading crude importer China remained weak in September due to tight COVID restrictions and fuel-export limits weighing on consumption.
Oil prices were down over 2% on Monday as demand in leading crude importer China remained weak in September due to tight COVID restrictions and fuel-export limits weighing on consumption.
Oil prices tumbled on Friday and were on track for a second weekly drop as investors assessed the impact of aggressive rate hikes on energy consumption, offsetting the prospect of
Gold prices extended losses on Thursday after last session’s more than 1% loss, as the continued surge of the US dollar and Treasury yields pressured the yellow metal amid concerns
Oil prices edged higher on Wednesday as investors’ risk appetite returned amid optimism in the broader stock markets and indications of an improved demand outlook from China. December contract Brent
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