Oil Extends Losses on Weak China Data and Expected OPEC Supply Boost

OPEC set to increase production from October Libya resumes some output to meet domestic needs China manufacturing activity slowed in August Sept 2 Reuters Oil prices extended losses on Monday on expectations of higher OPEC production from October while signs of sluggish demand in China and the United States raised concerns about future consumption growth. […]
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Indian Shares Ease Off Record Highs; Consumer, IT Stocks Lead

BENGALURU, Sept 2 Reuters Indian stock indexes eased off record highs at midmorning on Monday but remained elevated as consumer goods and information technology stocks boosted the benchmarks. The Nifty 50 index was up 0.27 to 25,304.1 points, while the BSE Sensex was trading 0.32 higher at 82,624.67. Shares of consumer goods makers like ITC and Hindustan Unilever gained […]
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