Oil plunges to 2024 lows on declining US economic confidence, demand concerns

Key global stock market indices also witnessed a sell-off on Wednesday, led by negative cues from US equities

A trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), in this file photo.
A trader reacts near a screen showing the Korea Composite Stock Price Index (KOSPI), in this file photo.Photo: AP/SCANPIX
Published 4 September 2024, 08:28Updated 4 September 2024, 12:50
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