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Welcome To IANS Live - BUSINESS - Crude to be around $60 a barrel in 2021

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IANSLive
New Delhi, April 17 (IANS) Global crude oil prices are expected to be in the range of $60 a barrel over the long term period as OPEC+ decision to cap supply until demand recovers and the pandemic continuing to keep a check on consumption.
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Update: 17-April-2021 ....

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Japan Services Activity Shrinks Less Than Estimated

Japan Services Activity Shrinks Less Than Estimated
TOKYO (dpa-AFX) - Japan s services activity contracted at a slower than initially estimated pace in March, final data from IHS Markit showed on Monday.
The au Jibun Bank Japan Services Purchasing Managers Index rose to 48.3 in March from 46.3 in February. This was well above the flash score of 46.5 but below the neutral 50.0 mark, suggesting contraction in the sector.
The latest reading was the highest since January 2020, as some companies lifted output at the end of the first quarter.
New business inflows fell at a softer pace in the latest survey period. In anticipation of improving orders as the pandemic recedes, Japanese service providers increased employment levels for the second successive month. ....

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