Oil extends plunge, U.S. crude set for longest losing streak since 1984
Oil prices fell more than one percent on Friday, with U.S. crude on track for its longest losing streak since 1984 as global supply increased and investors worried about the impact of lower economic growth and trade disputes on fuel demand.
Oil price fall, China data hit stocks
Global stocks were on pace for their biggest drop in two weeks while oil prices weakened again on Friday and soft Chinese data hit demand for risky assets.
U.S. judge halts Keystone XL oil pipeline in blow to Trump, Trudeau
A U.S. judge in Montana has blocked construction of the Keystone XL pipeline designed to carry heavy crude oil from Canada to the United States, drawing praise on Friday from environmental groups and a rebuke from President Donald Trump.
What is at stake in the Keystone XL pipeline ruling?
A U.S. federal judge in Montana halted construction of TransCanada Corp’s Keystone XL oil pipeline on Thursday, saying a U.S. environmental analysis “fell short of a ‘hard look'” at the cumulative effects of greenhouse gas emissions and the impact on …
Exclusive: Agribusiness giant ADM made buyout approach to Argentina’s Molinos – sources
Top U.S. grain merchant Archer Daniels Midland Co has approached Argentine soy crusher Molinos Agro about buying the company’s livestock feed and soyoil manufacturing plant, and talks may continue, three sources said.
Trump slams U.S. judge’s decision to halt Keystone XL pipeline
U.S. President Donald Trump on Friday blasted a federal judge’s decision to halt construction of the Keystone XL pipeline that would carry heavy crude oil from Canada to the United States, a project that has been in development for a decade.
Energy, services fuel jump in U.S. producer prices
U.S. producer prices rose more than expected in October and at their fastest pace in six years but measures of underlying price pressure cooled, bolstering the view that the U.S. central bank is not facing a resurgence in inflation.
U.S. Fed to reconsider ‘stress capital buffer’ plan: official
Randal Quarles, head of supervision at the Federal Reserve, said on Friday the central bank would re-propose aspects of a bank capital rule known as the “stress capital buffer” due to industry concerns.
Wall Street drops on China concerns, oil slide
U.S. stocks fell on Friday, with shares of technology, energy and industrial companies taking a hit from concerns about global growth after a batch of weak Chinese data and a slide in oil prices.
Just a growth wobble or the beginning of the end?
Two of the world’s biggest economies probably shrank last quarter, further proof that global growth is now past its peak and the risk of a downturn is rising.
