Dated Brent crude prices are likely to fall to around US$55 (RM232.19) per barrel by year-end, an S&P Global executive said at the Asia Pacific Petroleum Conference on Monday.

China's export growth slowed to a six-month low in August, as a brief boost from a tariff truce with the US faded, but demand elsewhere provided officials some relief as they try to underpin an economy facing low domestic demand and external risks.

A long-awaited US interest-rate cut would offer welcome relief to Asian economies still grappling with the Trump administration’s tariff programme, according to Albert Park, the chief economist of the Asian Development Bank (ADB).

Equities in emerging Asia advanced on Monday, led higher by stocks in Indonesia, Taiwan, and South Korea, as bleak US labour data boosted Federal Reserve (Fed) rate cut hopes and easing regional political tensions supported demand for risk assets.

Oil prices gained more than 1% on Monday, trimming some of last week's losses, as the prospect of more sanctions on Russian crude after an overnight strike on Ukraine offset Opec+'s planned output increase.

The eurozone economy kept expanding at a snail's pace in August as weaker services growth offset improved manufacturing output despite the first rise in overall new orders since May last year, a survey showed on Wednesday.