By Henning Gloystein SINGAPORE (Reuters) – Amid increasing signs of China’s industrial slowdown in 2019, data this week showing record oil and natural gas imports likely indicates a country at peak energy growth, with its thirst set to wane as the slowdown bites. China’s record intake for both crude oil and liquefied natural gas (LNG) […]
By Henning Gloystein SINGAPORE (Reuters) – Oil prices fell on Tuesday on signs that an economic slowdown in China, the world’s second-largest economy and oil consumer, was spreading, stoking concerns over future fuel demand. The gloomy economic news has pulled down financial markets across Asia, including crude oil futures. International Brent oil futures were at […]
By Saikat Chatterjee LONDON (Reuters) – The dollar held at a near three-week high on Tuesday as investors sought the relative safety of the U.S. currency after the International Monetary Fund cut its forecasts for the world economy in 2019 and 2020. The dollar has been considered a consensus short trade since the end of […]
By Tom Finn LONDON (Reuters) – The euro on Friday was headed for its biggest weekly rise in over four months with the dollar weakening on cautious signals from the Federal Reserve about further rate hikes. The euro has been stuck in a $1.12-$1.15 range for the last three months due to growth fears and […]
