Tag Archives: prices

Oil prices rise, but global economic concerns weigh

SINGAPORE (Reuters) – Oil prices climbed on Monday after U.S. drilling activity fell to its lowest level in about two months, but increasing concerns about weaker growth in major economies kept a lid on gains. A gas station worker pumps fuel into a motorbike at a gas station of the Venezuelan state-owned oil company PDVSA in Caracas, Venezuela November 2, ...

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Tesla cuts China prices after tariff drop on U.S.-made cars

Cars pass by the Tesla Inc. Gigafactory 2, which is also known as RiverBend, a joint venture with Panasonic to produce solar panels and roof tiles in Buffalo, New York, U.S., August 3, 2018. REUTERS/Brendan McDermid BEIJING (Reuters) – Tesla Inc (TSLA.O) has cut prices on its Model S and Model X vehicles in China after Beijing suspended additional tariffs ...

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Oil prices edge up on hopes global supplies will tighten

NEW YORK (Reuters) – Oil prices climbed more than 2 percent on Thursday, after data showed inventory declines in the United States and as investors began to expect that the global oil market could have a deficit sooner than they had previously thought. Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December ...

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U.S. weekly jobless claims near 49-year low; import prices fall

WASHINGTON (Reuters) – The number of Americans filing applications for jobless benefits tumbled to near 49-year lows last week, which could ease concerns about a slowdown in the labor market and economy. A container ship is shown at port in Long Beach, California, U.S. July 16, 2018. REUTERS/Mike Blake Other data on Thursday showed import prices dropping by the most ...

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Oil prices steady as Sino-U.S. trade tensions ease

LONDON (Reuters) – Oil prices steadied on Thursday, under pressure from high inventories but buoyed by a drawdown in U.S. crude stockpiles and indications that the trade war between the United States and China may be easing. Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. Picture taken December 7, ...

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Oil prices rise as Sino-U.S. trade tensions show signs of easing

SINGAPORE (Reuters) – Oil prices rose on Thursday, buoyed by a drawdown in U.S. crude stockpiles and indications that China is taking concrete steps to put a trade war truce with Washington into action. Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. Picture taken December 7, 2018. REUTERS/Stringer Crude ...

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Oil prices climb amid signs of easing U.S.-China trade tensions

SINGAPORE (Reuters) – Oil prices rose on Thursday, buoyed by a drawdown in U.S. crude inventories and signs that China is taking more concrete steps to put a trade war truce with Washington into action. Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. Picture taken December 7, 2018. REUTERS/Stringer ...

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U.S. oil prices inch up amid stockpile drop, signs of easing trade tensions

SINGAPORE (Reuters) – U.S. oil prices edged up on Thursday, buoyed by a drawdown in inventories and by signs of easing trade tensions between Washington and Beijing. Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. Picture taken December 7, 2018. REUTERS/Stringer Oil prices have also been supported by OPEC-led ...

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