In the currency market. the U.S. dollar is trading in the mid 110 yen-range on Monday.
Read More »Oil Drops near $64 as OPEC Clash Looms
OPEC and its allies could consider a production increase of as much as 1.5 million barrels a day.
Read More »With OPEC Meeting. Where Are Oil Prices Headed?
OPEC members. including Saudi Arabia. and other oil producers will meet in Vienna this week.
Read More »Oil Fell on China Tariffs. Expected OPEC Supply Rise
China retaliated by slapping duties on American export products. including crude oil.
Read More »Any Oil Production Cut should be by Consensus
OPEC'.s upcoming meeting must do everything possible to prepare the markets.
Read More »US.-China Trade Fight Leads Global Stocks Lower
Trump unveiled a 25 percent tariff on a list of strategically important imports from China. including cars. promising further measures if Beijing struck back.
Read More »China Issues Retaliatory Tariffs against the US
Move comes after White House imposed tariffs on $50 billion of Chinese goods.
Read More »US Pushes China to Buy its Oil and Gas
Beijing and Washington agreed not to unleash a new trade war because of increased US customs duties on Chinese goods and tit-for-tat measures by China.
Read More »Chinese Firms Buy American Oil and Grains to Ease Tensions
Other Chinese refiners are looking to reconfigure their plants so they could buy and process U.S. oil. one trade source said.
Read More »Sinopec to Boost U.S. Crude Imports to All-Time High
China prefers a heavier quality of crude whereas the bulk of U.S. oil exports is light crude. the source said.
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