Oil falls more than 4% in mixed Asia-Pacific session; data shows contraction in China manufacturing activity
SINGAPORE — Shares in Asia-Pacific were mixed in Thursday trade as oil prices fell sharply.In the morning of Asia trading hours, international benchmark Brent crude futures fell 4.82% to $107.98 per barrel. U.S. crude futures dropped 5.62% to $101.76 per barrel.U.S. President Joe Biden’s administration is considering a plan to release 1 million barrels of…Continue Reading