Oil settles down 2% on weaker Chinese demand, uncertainty over Fed rate cut
Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a potential slowing in the pace of U.S. Federal Reserve interest rate cuts.
Oil prices set for weekly loss on China demand fears
Oil prices edged lower today, heading for a weekly loss, as investors digested waning Chinese demand and a possible slowing of the US Federal Reserve's interest rate cut path.
Oil Prices Steady Ahead of OPEC Report, China Stimulus Limit Gains
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ($1.40 trillion) debt package to ease local government financing strains, but analysts said it fell short of the amount of stimulus that would be needed to boost growth.
Oil set for weekly loss on uncertainty around Fed rate cuts, China demand fears
Oil prices fell on Friday as investors weighed signs demand in top crude importer China continues to underperform amid the country's uneven economic
Oil prices hold near 2-week low after OPEC cuts demand view, dollar rises
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U.S. dollar and disappointment over China's latest stimulus plan.
Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China — the world’s largest crude importer — prompting prices to post a loss for the week.
中国日报网6d
New offshore platform taps into potential of heavy-oil reserves in China
Heavy oil makes up more than two-thirds of the world's proven crude oil reserves. As one of the world's four major ...
Oil prices hold ground after OPEC lowers demand outlook, China stimulus limit gains
Oil prices steadied on Tuesday, recovering from a 5% drop over the previous two sessions, as investors absorbed OPEC's latest ...
The Star10d
China’s rapid electrification is catching out oil producers
It’s China, the world’s biggest oil importer, that is leading the drive ... But it is also prepared to use its vast domestic coal reserves, and cheap coal imports, to help drive electrification.
Morningstar9d
China's Forex Reserves Fell More Than Expected in October
China's foreign-exchange reserves edged down more than expected in October, as the yuan weakened against the U.S. dollar. The country's foreign-exchange reserves fell $55.3 billion to $3.261 ...
Investing9d
China FX Reserves (USD)
China Reserves Steady as Yuan Declines Fail to Trigger Outflows ... Market Sentiment Looks Positive On China And Oil By Richard Perry - May 09, 2016 Market OverviewMarket sentiment looks to be ...
China Internet Information Center8d
China's foreign exchange reserves drop to 3.26105 trillion USD
[Photo/Xinhua] China's foreign exchange reserves totaled 3.26105 trillion U.S. dollars at the end of October, down by 55.317 billion dollars, or 1.67 percent, compared to the end of September ...