TOKYO (Reuters) - Oil rose for a third day on Thursday amid another drawdown in U.S. inventories and strong U.S. gasoline demand, while signs OPEC may not raise output to address shrinking supplies from Iran also supported prices.
Singapore — The synthetic rubber and tire market are being pulled into the US-China trade war, with China set to enforce a 10% tariff on various synthetic rubber and tire products originating in the US or Canada by Monday, according to China's Ministry of Commerce.
BEIJING (Reuters) - Oil prices were steady on Wednesday as concerns that producers will not be able to respond to a shortfall in supply once U.S. sanctions on Iran are enacted outweighed a gain in stockpiles in the United States, the world’s biggest oil user.
LONDON (Reuters) - Oil prices firmed on Tuesday after Saudi Arabia indicated it was comfortable with a higher price range ahead of a meeting between major producing countries in Algeria.
TOKYO (Reuters) - The dollar was slightly higher on Tuesday and China’s yuan fell as global markets braced for Beijing’s response to new U.S. tariffs on Chinese goods.
TIANJIN, China (Reuters) - The impact on China’s economy from Beijing’s and Washington’s ongoing trade war is not significant, but the impact on stock and currency markets needs to be watched, an adviser to China’s central bank said on Tuesday.
