Market News

    Oil edges lower amid doubts over OPEC cuts

    TOKYO (Reuters) - Oil prices slipped on Tuesday amid doubts over whether OPEC and other countries will continue to restrain output, edging lower after two days of gains on U.S. economic data and hopes for a Washington-Beijing trade deal.

    Shares, crude prices rise on U.S., China data

    NEW YORK (Nov 4): World equity markets surged and crude oil prices jumped on Friday after a stronger-than-expected U.S. employment report, a surprise bounce in Chinese manufacturing and optimism over U.S.-China trade talks tamped down fears of slowing global growth.