Oil costs slide greater than $2 as traders digest weak US job information | Commodities
U.S. crude futures fell by greater than $3 per barrel throughout the session 3 min learn Final Up to date : Aug 02 2024 | 10:59 PM IST Oil
U.S. crude futures fell by greater than $3 per barrel throughout the session 3 min learn Final Up to date : Aug 02 2024 | 10:59 PM IST Oil
It’s a big shift in oil flows, however the redirection in provides from the Russian ports is manageable for the patrons like India and China. Consultant Image 4 min learn
Additionally supporting crude costs was rising geopolitical danger, stated George Khoury, world head of training and analysis at CFI, including that tensions within the Center East and Europe might proceed
Crude fell final week after 4 weeks of positive factors as hopes of robust U.S. summer time demand have been countered by concern over demand in China.| Photograph: Bloomberg 2
Merchants have been additionally monitoring the warfare in Gaza and elections in France and Britain: Analysts | Photograph: Bloomberg 2 min learn Final Up to date : Jul 05 2024