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The Wire

FILE PHOTO: Oil pumps are seen in Karnes County

Oil inches lower as bleaker demand outlook weighs

Oil prices inched lower on Tuesday as a bleaker outlook for global fuel demand prompted fresh selling, but short-covering ahead of a meeting later this week of OPEC and its allies, known as OPEC+, limited losses.

Passersby wearing protective masks walk past an electronic board showing...

Asian shares set to dip as investors await key data

Asian shares looked set to open lower on Tuesday as investors shifted focus to upcoming data and central bank meetings although positive developments around potential COVID-19 vaccines and increased deal activity are likely to stem losses.

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