Oil drops after data shows industrial profits decline in China

France Nouvelles Nouvelles

Oil drops after data shows industrial profits decline in China
France Dernières Nouvelles,France Actualités
  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

After strong gains last week, oil prices were slightly lower on Monday as data r...

TOKYO - After strong gains last week, oil prices were slightly lower on Monday as data released in China reinforced signs that its economy is slowing, though progress in China-U.S. trade talks has supported prices.

West Texas Intermediate crude futures were down 16 cents, 0.3%, at $56.50 a barrel, after rising more than 5% last week, also the biggest weekly increase since Sept. 20. “But the market remains well supported on the dip,” he added, pointing to signs of progress in China-U.S. trade talks.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Reuters /  🏆 2. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Oil holds steady as Russia reaffirms commitment to output cutsOil holds steady as Russia reaffirms commitment to output cutsOil prices were steady on Monday, holding on to strong gains last week, after Ru...
Lire la suite »

Russia calls US move to protect Syrian oil 'banditry'Russia calls US move to protect Syrian oil 'banditry'U.S. Defense Secretary Mark Esper has said the move is aimed at keeping the fields from potentially falling into the hands of Islamic State militants. The decision was the latest sign that extracting the U.S. military from Syria is more uncertain and complicated than President Donald Trump has made
Lire la suite »

Brazil oil spill leaves local fishermen in the lurchBrazil oil spill leaves local fishermen in the lurchThousands of fishermen make a living from the rich waters off Brazil's Bahia state. And now their livelihood is drying up.
Lire la suite »

Oil-backed Blue Wave: New Mexico funds progressive policy through frackingOil-backed Blue Wave: New Mexico funds progressive policy through frackingNew Mexico's tuition-free college plan would be among the most progressive in the country. But student activists say it relies too much on money from oil.
Lire la suite »

Farkas: 'The Kurds think that we've betrayed them for oil.'Farkas: 'The Kurds think that we've betrayed them for oil.''The Kurds think that we've betrayed them for oil.' - EvelynNFarkas on President Trump's comments about 'securing the oil' in Syria while he spoke to reporters about the U.S. raid that killed ISIS leader Abu Bakr al-Baghdadi.
Lire la suite »

Taste Test: Extra-Virgin Olive OilTaste Test: Extra-Virgin Olive Oil106 bottles. 5 price ranges. 2 days. 1 ultimate winner.
Lire la suite »



Render Time: 2025-03-29 14:35:12