Hindustan Times
Hindustan Times
AsiaPac · 1 hrs ago

Oil analysts stumped by the case of the missing barrels

The monthly U.S. payrolls report used to be as much about gauging the Federal Reserve’s reaction as the actual number of Americans hired and fired. With Chair Kevin Warsh playing coy, it’s mostly about jobs. Economists surveyed by The Wall Street Journal think 83,000 were added in July—not great, but better than June. Tech stocks look poised to recover from Thursday’s memory-led drubbing while the broad market is mixed.The monthly U.S. payrolls report used to be as much about gauging the Federal Reserve’s reaction as the actual number of Americans hired and fired.​📈 Follow our live markets data and coverage.“It’s mystifying to us”With yet another possible deal being negotiated to unclog Middle East oil supplies, analysts need to solve a mystery pronto.Like most whodunits, this one is abou
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