AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

Oil Prices Fall More Than 2% Amid Flurry of Weak European Economic Data

admin-augaf by admin-augaf
October 24, 2023
in Business, Finance, News
Reading Time: 1 min read
0
Oil
Share on FacebookShare on TwitterWhatsapp

New York October 24 2023: Oil prices fell on Tuesday for the third straight session, after a flurry of slow economic data from Germany, the euro zone and Britain that weighed on the outlook for energy demand.

Brent crude futures were down $2.07, or 2.3%, at $87.76 a barrel at 11:51 a.m. EDT (1551 GMT) . U.S. West Texas Intermediate crude futures were down $2.13, or 2.49%, at $83.36 a barrel.

Euro zone business activity data took a surprise downward turn this month, suggesting the bloc may slip into recession.

Spot gold lost 0.5% to $1,963.09 per ounce by 11:33 a.m. ET (1533 GMT). U.S. gold futures fell 0.7% to $1,974.30.

The dollar index (.DXY) rose 0.7% against its rivals, making gold more expensive for other currency holders. The benchmark 10-year U.S. Treasury yield also rose.

Source: Reuters
Tags: Commoditiesoil price
admin-augaf

admin-augaf

Related Posts

Pakistan Textile Exports Fall 15.2% to Hit Low of 17 Months in October on Inventory Pileup at Export Destinations
Business

Pakistan Textile Exports Increase 8.4% in First 10 Months of Fiscal Year 2025

May 16, 2025
Rupee
Business

Pakistan Rupee Reaches Strongest Level in Seven Months Against Trading Partners

May 16, 2025
Pakistan exports to US surge to $9 billion: Ambassador
Business

Pakistan’s Technology Exports Surpass $3 Billion, Marking 21% Growth in First 10 Months

May 16, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Pakistan Textile Exports Fall 15.2% to Hit Low of 17 Months in October on Inventory Pileup at Export Destinations

Pakistan Textile Exports Increase 8.4% in First 10 Months of Fiscal Year 2025

May 16, 2025
Rupee

Pakistan Rupee Reaches Strongest Level in Seven Months Against Trading Partners

May 16, 2025
Pakistan exports to US surge to $9 billion: Ambassador

Pakistan’s Technology Exports Surpass $3 Billion, Marking 21% Growth in First 10 Months

May 16, 2025
uaetreasury

UAE to Boost Energy Investments in US to $440 Billion by 2035

May 16, 2025
ICI Joins The Race To Acquire Majority Stake In Lotte Chemical

Lotte Chemical to Start Operating Indonesia Cracker in H2 2025

May 16, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Pakistan Textile Exports Increase 8.4% in First 10 Months of Fiscal Year 2025
  • Pakistan Rupee Reaches Strongest Level in Seven Months Against Trading Partners
  • Pakistan’s Technology Exports Surpass $3 Billion, Marking 21% Growth in First 10 Months

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Pakistan Textile Exports Fall 15.2% to Hit Low of 17 Months in October on Inventory Pileup at Export Destinations

Pakistan Textile Exports Increase 8.4% in First 10 Months of Fiscal Year 2025

May 16, 2025
Rupee

Pakistan Rupee Reaches Strongest Level in Seven Months Against Trading Partners

May 16, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.