Commodity Capsule: China's manufacturing activity contracted for a fifth straight month in August, fueling concerns around recent weak expansion data.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

Oil prices are headed for a weekly climb, with US government data showing tighter-than-expected crude supplies, and a military coup in Gabon, raised fears of crude oil supply disruptions.

Analysts expect Saudi Arabia to roll over a voluntary oil cut of 1 million barrels per day for the third consecutive month into October, adding to the cuts in place by OPEC+.

stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com