Oil spills into U.S.-China trade war, prices slump
NEW YORK (Reuters) – China said on Friday it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as…
China to raise import tariffs on U.S. scrap copper, aluminum from December 15
FILE PHOTO: A worker drives a forklift past aluminum rolls at a factory in Huaibei, Anhui province, China March 2, 2019. Picture taken March 2, 2019. REUTERS/Stringer BEIJING (Reuters) –…
Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping an additional 5% duty on some $550 billion in targeted…
Oil prices climb after Saudi oilfield attack, but recession worries drag
SINGAPORE (Reuters) – Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for any signs that Sino-U.S.…
U.S. drillers add oil rigs for first week since June: Baker Hughes
(Reuters) – U.S. energy firms this week increased the number of oil rigs operating for the first time in seven weeks despite plans by most producers to cut spending on…
Oil rises alongside equities, but downbeat OPEC outlook caps gains
NEW YORK (Reuters) – Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns. FILE PHOTO:…
Dollar firms, global stocks soar on ECB rate cut expectations
NEW YORK (Reuters) – U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest rates but the dollar pared gains against the euro after…
Stocks, oil tank on growing signs of global slowdown
NEW YORK (Reuters) – Equity markets tanked and oil prices fell sharply on Wednesday after a closely watched bond indicator pointed to the growing risk of a U.S. recession that…
Oil slumps more than 4% on weak global economic data, U.S. crude build
NEW YORK (Reuters) – Oil prices sank more than 4% on Wednesday after global demand fears were revived by weak economic data from China and Europe and an unexpected build…
China cuts 2019/20 corn use forecast by 2 million tonnes due to African swine fever
Corn kernels are seen at a corn harvester on a farm in Zhenjiang, Jiangsu province, China October 25, 2017. REUTERS/Stringer BEIJING (Reuters) – China’s agriculture ministry on Thursday said it…