The Traderszone Network

Published in TZ Latest News 24 September, 2015 by The TZ Newswire Staff

Weak Japanese data weighs on oil markets

Oil markets remained subdued in early trading in Asia on Friday after weak data from Japan reinforced concerns over global economic growth. Japan’s core consumer prices fell 0.1 percent in August from a year earlier, government data showed on Friday, marking the first year-on-year drop since April 2013. The index includes oil products but excludes fresh food prices.