ICE Brent Crude (Aug'22)

SINGAPORE — Shares in the Asia-Pacific traded higher on Monday as investors assess inflation and recession fears.Hong Kong's Hang Seng index was up 2.13%, with the Hang Seng Tech index up 3.46%. Alibaba's shares in the Chinese city rose…

All eyes are on whether Saudi Arabia will raise crude production if Russia's output significantly falls following European Union oil sanctions.Andrey Rudakov | Bloomberg | Getty ImagesOil prices dropped following a report that Saudi…