Opec cuts oil demand view, supply gap shrinksOpec 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 More… |
Japan's economy shrinks in quarterJapan'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 More… |