Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Oil Prices Decline over US Recession Fear In the global commodity market, prices of crude oil extended losses on Monday over demand worries triggered by recession fears in the US, the world’s largest oil consumer. International benchmark Brent crude traded at $76.46 per barrel , down by 0.46% from the closing price of $76.81 per barrel in the previous trading session. The American benchmark West Texas Intermediate (WTI) traded at $73.19 per barrel at the same time, a 0.45% decrease from the previous session that closed at $73.52 per barrel. The US economy added 114,000 jobs in July, significantly below…

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