Oil sinks about 4% after weak factory data sparks demand concerns
Edited By WION Video Desk
Published: Aug 02, 2022, 06:12 IST | Updated: Aug 02, 2022, 06:12 IST
Oil prices dropped about 4% on Monday as weak manufacturing data in several countries weighed on the demand outlook while investors braced for this week's meeting of OPEC and its producer allies on supply.
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