Oil gains on weaker U.S. business activity, but Chinese demand data weighs
Written by Black Hot Fire Network on October 24, 2022
- U.S. business activity weakens again in October -S&P Global
NEW YORK, Oct 24 (Reuters) - Oil edged up in choppy trade on Monday, as weakening U.S. business activity data eased expectations for more aggressive interest rate hikes, while data showing demand from China remained lacklustre in September limited prices.
