Oil Prices Dip on Weak Chinese Economic Data ...Middle East

Crude oil prices started this week with a dip after a series of economic reports from China released towards the end of last week suggested weakening oil demand. These included new home prices, which were down palpably, industrial output, which appeared to be slowing, and unemployment figures inching higher. The reports pushed the benchmarks to a weekly loss despite expectations of a gain and the loss extended into this week. On the bullish side, the situation in the Middle East remains a leading factor as does the escalation between Russia and…

Hence then, the article about oil prices dip on weak chinese economic data was published today ( Monday 19/08/2024 - 10:16 AM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil Prices Dip on Weak Chinese Economic Data )

Also on site :

• CTCI Ranked No. 1 in Sustainability Among Global Construction & Engineering Firms for Fourth Straight Year; Maintains Inclusion in Dow Jones Best-in-Class Emerging Markets Index
• I’m a finance expert. Here are five tips to help stretch the summer holiday budget
• Marketna: Launching Smart Arabic Platform for Digital Classified Ads