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June 4, 2024

Oil Extends Losses on Worries of Rising Supply

Singapore, Oil prices eased in Asian trade on Tuesday, extending losses from the previous session when prices fell to their lowest in four months, as investors worried about supply ticking up later in the year.

Brent crude futures fell 20

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South Korea’s Inflation Eases to 2.7% in May

Seoul, Consumer prices in South Korea rose 2.7% on-year last month, compared with the 2.9% on-year rise a month earlier.

According to South Korea’s News Agency (Yonhap), South Korea’s consumer prices stayed below 3% for the second consecutive month i…

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