Oil settles down 2% on weaker Chinese demand

Quick Summary:

Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a potential slowing in the pace of US Federal Reserve interest rate cuts.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: OilPrices TradeWarImpact /Business/ OPECForecast WTIDrop GlobalOilDemand FedRateCut BrentCrude Commodities ChinaDemand

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-16 @ 05:46:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 134 words

Reading Time: 1 minutes read

Sentences: 8 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 23606804

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 48 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 5 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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