Day: July 25, 2024

Oil Falls on Weak China Demand Concerns

Oil prices eased on Thursday due to concerns over weak demand in China, the world’s largest crude importer.

Brent crude futures for September fell 38 cents, or 0.5%, to $81.33 a barrel.

US West Texas Intermediate crude slid 33 cents,

Read More ...

Yen Rises, Main Japanese Stock Index Falls

The value of the Japanese currency rose to 152 yen against the dollar, benefiting from expectations that the Bank of Japan may normalize its monetary policy soon.

The Nikkei stock index logged on Thursday its biggest single-day point fall in

Read More ...

Oil Prices Rise at Settlement

Oil prices rose at settlement at the end of Thursday’s trading, after strong US economic data boosted expectations of higher demand for crude, but concerns about lower Chinese oil imports limited gains.

Brent crude futures for September delivery rose…

Read More ...