Oil prices fall on US-China tensions, weak factory data; crude inventories likely to increase in coming weeks
While global oil demand is expected to recover modestly from April lows as countries ease some lockdown measures, the glut created over months in storage facilities will loom over the markets.
The Brooklyn Nets defeated the Los Angeles Lakers 91-77 on Saturday to conclude a pre-season China tour that leaves behind big questions over the future of a key market worth billions of dollars to the NBA.
Crude oil prices fall on rising US rig count, Illinois refinery outage; OPEC, allies to meet in Vienna on output cut deal
International Brent crude oil futures were down 27 cents, or 0.4 percent, at $61.83 a barrel.
Sensex, Nifty turn choppy on weak global cues; Infosys, Asian Paints, HDFC, TCS shed up to 2% in early trade
Domestic and other Asian stocks followed Wall Street that fell sharply after US President Donald Trump's demand for border wall funds pushed the federal government closer to a shutdown.