Asian Markets Slump On Falling Oil, Metal Prices

Asian markets tumbled Wednesday, along with commodity prices and hopes for a rapid recovery of the global economy.

Topics:  prices   asian markets   
BING NEWS:
  • Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
    Oil futures declined on Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the world’s largest crude importer — ...
    11/15/2024 - 2:13 am | View Link
  • Global Oil Market Faces a Million-Barrel Glut Next Year, the IEA Says
    Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the Middle East and beyond, the ...
    11/13/2024 - 8:00 pm | View Link
  • World Bank expects oil glut to cause commodity price slump
    Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World Bank said Tuesday, pointing to oversupply and to flat demand from ...
    10/29/2024 - 12:07 am | View Link
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