Friday, March 24, 2023
198 China News
No Result
View All Result
  • HOME
  • VIDEOS
  • BUSINESS
  • NEWS
    • CHINA USA TRADE NEWS
    • CHINA AFRICA NEWS
    • CHINA EU NEWS
    • CHINA GULF NATIONS NEWS
    • CHINA RUSSIA NEWS
    • CHINA NIGERIA NEWS
    • CHINA INDIA NEWS
    • CHINA UK NEWS
  • POLITICAL
  • IMMIGRATION
  • TECHNOLOGY
  • VENTURE CAPITAL
  • MORE NEWS
    • JOINT VENTURE
    • UNIVERSITIES
    • EDUCATION
    • MEDIA TRAINING
    • MANUFACTURES
    • BUSINESS HELP
    • 198TILG CHINA CEO
  • Contact us
  • HOME
  • VIDEOS
  • BUSINESS
  • NEWS
    • CHINA USA TRADE NEWS
    • CHINA AFRICA NEWS
    • CHINA EU NEWS
    • CHINA GULF NATIONS NEWS
    • CHINA RUSSIA NEWS
    • CHINA NIGERIA NEWS
    • CHINA INDIA NEWS
    • CHINA UK NEWS
  • POLITICAL
  • IMMIGRATION
  • TECHNOLOGY
  • VENTURE CAPITAL
  • MORE NEWS
    • JOINT VENTURE
    • UNIVERSITIES
    • EDUCATION
    • MEDIA TRAINING
    • MANUFACTURES
    • BUSINESS HELP
    • 198TILG CHINA CEO
  • Contact us
198 China News
No Result
View All Result
Home CHINA RUSSIA NEWS

Oil prices dip on stronger dollar & new Covid-19 curbs in China — RT Business News

by 198 China News
August 9, 2021
in CHINA RUSSIA NEWS
2 min read
0
Oil prices dip on stronger dollar & new Covid-19 curbs in China — RT Business News
Share on FacebookShare on TwitterShare on eMail

[ad_1]

World crude costs dropped practically 2%, hitting greater than two-week lows, amid rising considerations over new pandemic-related restrictions in China and a strengthening US greenback.

Brent crude futures for October supply fell $2.25% to $69.11 per barrel by 06:58 GMT, after having dropped 6% final week, the largest weekly loss in 4 months.

In the meantime, US crude benchmark WTI declined by 2.3%, to $66.71 per barrel, following a 7% droop final week, the steepest weekly decline in 9 months.

The drop reportedly comes amid new restrictions launched by China, one of many world’s main oil customers, resulting from rising Covid-19 instances.



Additionally on rt.com
Saudi Aramco quarterly earnings practically quadruple amid restoration in oil and chemical costs


“Considerations about potential international oil demand erosion have resurfaced with the acceleration of the Delta variant an infection fee,” RBC analyst Gordon Ramsay instructed Reuters.

Furthermore, the most recent rally within the US greenback weighed on oil costs as effectively, as a stronger buck makes oil dearer for holders of different currencies.

The greenback hit a four-month excessive in opposition to the euro on a stronger-than-expected US jobs report printed on Friday, which revived hopes that the Federal Reserve would transfer to tighten US financial coverage extra rapidly.

For extra tales on financial system & finance go to RT’s enterprise part

[ad_2]

Source link

Tags: BusinessChinaCOVID19curbsdipDollarNewsOilPricesstronger
Previous Post

World’s scientists say disastrous climate change is here – POLITICO

Next Post

China factory gate inflation surges on commodity prices | The Guardian Nigeria News

Related Posts

Zelensky refuses peace talks — RT Russia & Former Soviet Union
CHINA RUSSIA NEWS

Zelensky refuses peace talks — RT Russia & Former Soviet Union

by 198 China News
July 22, 2022
Russia warns about dangers to the Arctic
CHINA RUSSIA NEWS

Russia warns about dangers to the Arctic

by 198 China News
July 23, 2022
Die Welt names the three mistakes the West’s made about Russia
CHINA RUSSIA NEWS

Die Welt names the three mistakes the West’s made about Russia

by 198 China News
July 22, 2022
Tony Blair wants the West to reign supreme, but ignores his own role in its decline — RT World News
CHINA RUSSIA NEWS

Tony Blair wants the West to reign supreme, but ignores his own role in its decline — RT World News

by 198 China News
July 22, 2022
British spy chief reveals top priority — RT World News
CHINA RUSSIA NEWS

British spy chief reveals top priority — RT World News

by 198 China News
July 22, 2022
Load More
Next Post
China factory gate inflation surges on commodity prices | The Guardian Nigeria News

China factory gate inflation surges on commodity prices | The Guardian Nigeria News

China: Wandering herd of elephants head for home after year-long journey | World News

China: Wandering herd of elephants head for home after year-long journey | World News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Home
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • Cookie Privacy Policy
  • Contact us

Copyright © 2021 198 China News.
All Rights Reserved.

No Result
View All Result
  • Home
  • VIDEOS
  • BUSINESS
  • CHINA USA TRADE NEWS
  • CHINA AFRICA NEWS
  • CHINA EU NEWS
  • CHINA GULF NATIONS NEWS
  • CHINA RUSSIA NEWS
  • CHINA NIGERIA NEWS
  • CHINA INDIA NEWS
  • CHINA UK NEWS
  • POLITICAL
  • IMMIGRATION
  • TECHNOLOGY
  • VENTURE CAPITAL
  • UNIVERSITIES
  • MEDIA TRAINING
  • EDUCATION
  • MANUFACTURERS
  • JOINT VENTURE
  • BUSINESS HELP
  • 198TILG CHINA CEO

Copyright © 2021 198 China News.
All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In