Oil prices hold near two-week low as weak China data adds to demand concerns
- Oil prices hovered near a two-week low on Tuesday after weak economic data from China and warming weather forecasts elsewhere soured the demand outlook.
"The overnight falls came on the back of weak Chinese PMI data yesterday and risk aversion flows following heavy falls in U.S. tech stocks," said Tony Sycamore, an analyst at IG. Several independent refineries in China have halted operations, or plan to do so, for indefinite maintenance periods, sources told Reuters, as new Chinese tariff and tax policies plunge plants deeper into losses.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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