Oil prices fall amid China demand woes, rate cut hopes

Investing.com– Oil prices fell in Asian trade on Tuesday, weighed chiefly by signs of increasing economic weakness in top importer China, which could limit demand in the coming months.   But…

Oil prices tick down on worries about Chinese demand

By Arathy Somasekhar (Reuters) – Oil prices edged lower on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve will…

UK building firms face worst recruitment problems, survey shows

LONDON (Reuters) – Construction and engineering firms are bearing the brunt of Britain’s shortage of workers, according to a survey that underscores the challenge for Prime Minister Keir Starmer to…

Dollar lower after Powell, crypto climbs as investors eye Trump win

By Chuck Mikolajczak NEW YORK (Reuters) -The dollar fell slightly on Monday after comments from Federal Reserve Chair Jerome Powell, while cryptocurrencies rose on bets that an assassination attempt on…

Oil prices ease on demand concerns in China

By Scott DiSavino NEW YORK (Reuters) -Oil prices eased on Monday as worries about demand in top importer China offset supportive U.S. economic news, OPEC+ supply restraint and ongoing Middle…

Former Chevron CEO Kenneth Derr dies at 87

By Sabrina Valle HOUSTON (Reuters) – Former Chevron Corp (NYSE:CVX) chairman and CEO Kenneth T. Derr, who led the company between 1989 and 1999, died on Friday shortly before his…

Oil prices settle lower as traders weigh China weakness, rising Fed rate-cut bets

Investing.com– Oil prices steadied Monday despite underwhelming growth data from China presenting a weak outlook for demand.  At 09:20 ET (13:20 GMT), Brent oil futures slipped marginally to $85.02 a…

Poland Fines PayPal $27.3M over Ambiguous User Agreements: Report

Poland’s antitrust watchdog has fined PayPal Europe $27.3 million for failing to clearly define the activities that could lead to penalties under its user agreements, Reuters reported. The alleged lack…

Freeport LNG in Texas to restart one train this week after Hurricane Beryl

By Scott DiSavino and Arathy Somasekhar NEW YORK/HOUSTON (Reuters) – Freeport LNG plans to restart one of three liquefied natural gas trains this week at its Texas facility after the…

Oil holds steady as Chinese demand concerns weigh

(Fixes formatting of link in final paragraph ) By Alex Lawler, Arunima Kumar LONDON (Reuters) -Oil held its ground on Monday as downward pressure from concern about demand in top…