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A slight decline in oil prices
09/10/2015 11:16
Analysts already expect further slowdown in economic growth which now stands at its lowest level in decades.
BAGHDAD / Obelisk: Crude oil prices fell slightly in early trading Thursday, after weak on machinery orders in Japan data increased fears that the weakness of corporate investment levels lead to further pressure on the already slow growth in Asia.
And today, official data showed that core machinery orders data -the severe volatility is considered an indicator of capital spending in the six months to nine Kadmh- fell 3.6 percent in July.
This followed a decline of 7.9 percent on a monthly basis in June and compared with analysts forecasts for an increase of 3.7 percent.
In China, the largest economy in Asia, analysts already expect further slowdown in economic growth which now stands at its lowest level in decades.
At 01:30 GMT, futures trading was for the global crude measurement of Brent at $ 47.52 a barrel compared with 47.58 dollars at the settlement on Sunday? "
Little effect on the price of US crude was trading at $ 44.16 a barrel, was little changed.
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09/10/2015 11:16
Analysts already expect further slowdown in economic growth which now stands at its lowest level in decades.
BAGHDAD / Obelisk: Crude oil prices fell slightly in early trading Thursday, after weak on machinery orders in Japan data increased fears that the weakness of corporate investment levels lead to further pressure on the already slow growth in Asia.
And today, official data showed that core machinery orders data -the severe volatility is considered an indicator of capital spending in the six months to nine Kadmh- fell 3.6 percent in July.
This followed a decline of 7.9 percent on a monthly basis in June and compared with analysts forecasts for an increase of 3.7 percent.
In China, the largest economy in Asia, analysts already expect further slowdown in economic growth which now stands at its lowest level in decades.
At 01:30 GMT, futures trading was for the global crude measurement of Brent at $ 47.52 a barrel compared with 47.58 dollars at the settlement on Sunday? "
Little effect on the price of US crude was trading at $ 44.16 a barrel, was little changed.
[You must be registered and logged in to see this link.]
