Wednesday 25 November 2015

Opec cuts oil demand view, supply gap shrinks

Opec cut its forecast for global oil demand growth next year because of a worsening economic outlook and said a disappointing economic performance in top consumer the United States could further weigh on fuel use.  The Organization of


Japan's economy shrinks in quarter

Japan's economy shrank in the second quarter at a faster pace than initially reported as companies held back on capital expenditure due to worries about a rising yen and faltering global growth. Economists say Japan is likely to resume gro

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