Sign in to follow this  
Followers 0

Oil price: is this the real reason behind the falling crude prices?

Recommended Posts

Chinese manufacturing PMI index November

It goes without saying that when the main importer of crude oil sneezes the corresponding markets catch the cold. In this context, the fall of price of crude oil, in part, can be attributed to the slowing Chinese economy due to a combination of factors; in November alone, its Manufacturing PMI Index fell by 1.2%, which is pretty significant. In addition, every major economic index of China has been in decline since June, according to the data released by the government. 

Please read here for more:

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  
Followers 0