London — Oil prices fell on Monday as concern about surging coronavirus cases globally dampened the prospects for demand recovery while China’s third-quarter economic growth was weaker than expected.
Meanwhile, China’s oil-buying frenzy earlier this year is expected to slow in the fourth quarter. Chinese refiners have slowed their processing rates in September. Investors are also focusing on the Opec+ oil producer group’s joint ministerial monitoring committee meeting later on Monday.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dailymaverick - 🏆 3. / 84 Read more »
Source: dailymaverick - 🏆 3. / 84 Read more »
COVID-19 LIVE UPDATES | Worldwide coronavirus cases cross 39.51 million, death toll at 1,105,938Coronavirus live updates.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Source: eNCA - 🏆 49. / 51 Read more »
Global daily Covid-19 cases cross 400 000 markEurope surpassed 150 000 daily coronavirus cases on Friday just a week after reporting 100 000 cases for the first time, according to Reuters tally, with countries such as France, German y reporting record daily numbers of infections this week. Covid_19
Source: IOL - 🏆 46. / 51 Read more »
SA records 1 928 new Covid-19 cases, 38 deaths in 24 hoursCoronavirusPandemic: South Africa’s confirmed Covid-19 cases now stand at 702 131, with 18 408 deaths reported since the coronavirus hit the country in March. Covid19SA
Source: IOL - 🏆 46. / 51 Read more »