Weakening economic conditions in the world’s major economies last week overwhelmed some...
-19 outbreak in late 2019. Economic activity in China and the evolving energy landscape in the European market may be the factors driving oil markets this week, analysts said.
West Texas Intermediate, the U.S. benchmark for the price of oil, went on another wild ride, posting a daily loss of 5.7 percent on Wednesday and a gain of nearly 4 percent two days later. In the end, however, WTI lost about 2.5 percent to close the week at $86.09 per barrel. A mid-September holiday and similar plans for October may be on hold this year for millions of Chinese under lockdown because of the zero-tolerance policy against COVID-19. Slow economic growth meant China’s crude oil imports for August were 9.4 percent lower than the same time last year, customs data showed.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
China oil demand may shrink first time since 2002 as covid curbs biteOil demand in China, the world's biggest energy consumer, could contract for the first time in two decades this year as Beijing's zero-COVID policy ke
Weiterlesen »
Brunch Fest, Coffee Shops: San Antonio's biggest food stories of the weekThe Current's most-read food stories document a big week for SA's ever-evolving culinary scene. SanAntonio SATX SanAntonioTX SanAntonioFood SanAntonioRestaurants TexasFood TexasRestaurants
Weiterlesen »
Julia Fox Accessorized With Saran Wrap at Bazaar’s Icons NYFW PartyThe New York Fashion Week party scene is back and thriving. Keep track of every exclusive event here.
Weiterlesen »
The Issue Is: The Governor, the Secretary and the QueenDuring another week in which temperatures soared across the Golden State, the issue continues to be energy and the state's power grid.
Weiterlesen »