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Oil prices fell nearly 2 percent on Tuesday on concerns that a long-drawn recession in advanced economies brought on by interest-rate hikes may weigh on global demand.Benchmark Brent crude futures […] This post is only…

Published: 6/4/2023 9:40 PM ETThe private sector in Hong Kong continued to expand in May, albeit at a slower pace, the latest survey from S&P Global showed on Monday with a […] This post is only…

Published: 6/4/2023 9:50 PM ETThe services sector in China continued to expand in May, and at a faster rate, the latest survey from Caixin revealed on Monday with a services PMI […] This post is only…

OPEC+ pumps approximately 40% of the world’s crude and policy decisions can have a significant impact on prices. The world’s top oil exporter Saudi Arabia announced further voluntary output cuts […] This post is only…

For the first time in months, the possibility of another Bank of Canada interest-rate hike appears to be on the table this week.The central bank has kept interest rates steady […] This post is only…

Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to […] This post is only…

Member countries of OPEC and their allies are considering further cuts to oil production that could send oil prices soaring.The group, known as OPEC+ to include allies such as Russia, will meet […] This post is only…

OPEC+ ministers will meet to determine their next oil production policy steps on June 4 in Vienna. They face a market rattled by supply volatility, demand uncertainty and a prospective […] This post is only…

Monday June 5China, Japan and Euro zone services and composite PMIGermany trade surplus(9:45 a.m. ET) U.S. S&P Global Services and Composite PMI for May.(10 a.m. ET) U.S. factory orders for […] This post is only…