Crude Oil
Oil Prices Rise With Storm-hit U.S. Output Set for Slow Return
Crude Oil
Oil Drops to $93.32 a Barrel on Monday
Oil prices declined on Monday amid concerns over the recession and the drop in crude oil imports in China, the world’s largest importer of the commodity.
Crude Oil
Weak Manufacturing Data from China, Japan Weigh on Oil
Oil prices dropped on Monday, as weak manufacturing data from China and Japan for July weighed on the outlook for demand, while investors braced for this week’s meeting of officials from OPEC and other top producers on supply adjustments.
Crude Oil
Oil Dips Further on Concerns Over FOMC Interest Rate Increase
Crude oil declined on Monday, extending its bearish trend on concerns that the Federal Open Market Committee (FOMC) expected interest rates increase later this week could slow down growth and drag on demand.
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