Oil falls as demand growth concerns outweigh U.S. stock drawdown

Oil prices dropped on Thursday, weighed down by concerns that U.S. economic recovery is slowing as the coronavirus outbreak lingers, while a renewed wave of COVID-19 cases in Europe have led to reimposed travel restrictions in several countries. The...

China’s Aug diesel exports double as domestic stocks overflow

China’s diesel exports in August doubled the levels in July to 1.09 million tonnes, customs data showed on Wednesday, as refiners shipped fuel overseas despite poor export margins to reduce brimming domestic oil product inventories. The...

Remittance Boom is a Bust for Asian Stocks | Top 5 Things | 24 Sept 2020 | Inside Financial Markets

1. Remittance Boom Is Turning Into a Bust for Asia Emerging Markets 2. New wave of Corona Virus to impact Oil Demand at a scale 3.Russia pledges 1.7 billion USD for Karachi—Lahore gas pipeline 4. IMF asks Pakistan to cap short-term domestic debt 5...

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