Oil settles at 8-month low after poor US job numbers

Quick Summary:

Oil prices fell on Friday, settling at their lowest since January after data showed the US economy added fewer jobs than expected last month, and weak Chinese economic data added more pressure.

Wither advanced economies’ post-peak interest rates?

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: OilPriceDrop OPECOutput JobGrowth /Business/ ChinaSlowdown Commodities EconomicConcerns MiddleEastTensions CrudeFutures ManufacturingDecline

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 07:39:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 142 words

Reading Time: 1 minutes read

Sentences: 9 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21901238

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 43 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 12 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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