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Oil Falls on Weak China Demand Concerns

Oil prices eased today due to concerns over weak demand in China, the world’s largest crude importer.

Brent crude futures for September fell 38 cents, or 0.5%, to $81.33 a barrel.

US West Texas Intermediate crude slid 33 cents, or

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Yen Rises While Main Japanese Stock Index Declines

The value of the Japanese currency rose to 152 yen against the dollar, benefiting from expectations that the Bank of Japan may normalize its monetary policy soon.

The Nikkei stock index logged on today its biggest single-day point fall in

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Oman Oil Price Stable at 80.66 US Dollars

Oman oil price (September delivery 2024) remained steady today at 80.66 US Dollars, showing no change compared to yesterday Wednesday’s price.

The average price of Oman oil (July delivery 2024) has stabilized at 83.89 US Dollars per barrel, thus 5.41…

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