World oil prices weakened on Monday as recent weak economic data sparked fears about a recovery in the United States, analysts said. New York’s main contract, light sweet crude for November delivery, eased 29 cents to 69.66 dollars a barrel. Brent North Sea crude for November delivery dropped 35 cents to 67.72 dollars a barrel. “A slew of economic data (last week) rekindled worries over the prospects of a recovery in the United States,” said JBC Energy analysts in a note to clients.
Leave a reply
The Demographic Advantage: Why Southeast Asia’s Economic Future Looks Promising
Southeast Asia's economic future looks promising, largely due to its demographic advantage. With a young and dynamic workforce, a burgeoning middle class, and rapid urbanization, the region is poised for sustained growth and development in the coming years. Discover how these factors contribute to Southeast Asia's bright economic prospects.
Thailand Retirement Ranking Improving
To see the Thailand Retirement Ranking improving delighted the Thai Prime Minister Prayut Chan-o-cha said government spokesman Anucha Burapachaisri. In...
Thai Stock Market Analysis May 9, 2022: How Much Lower Will the the SET fall?
Ugly Trading Session Leaves Thai Stock Market Index in Murky Waters The Thai stock market had recently done remarkably well...
