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Oil falls as Saudi, Russian output rises
LONDON (Reuters) - Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States......»»
Brent crude rises after coronavirus drags it to lowest since 1999
Brent crude oil sank below $16 a barrel to its lowest since 1999 on Wednesday, before recovering slightly on the prospect of extra pledges to cut output in addition to a pact by major producers to limit supplies......»»
FedEx receives $60M from federal government to ship medical supplies
Recently, FedEx has soared in its efforts to fight the COVID-19 pandemic — it's added 150 flights from Asia to the U.S. to help transport medical supplies and shipped thousands of pieces of medical equipment into the country. But, this isn’t .....»»
Delta adds more Asia "cargo-only flights" as part of expansion
The number of Delta's cargo-only flights to China is expanding, now including multiple trips from its Atlanta headquarters. Delta Air Lines Inc. said Monday its Asia cargo operations — which carry medical supplies and other essential items — will do.....»»
Chinese buyers snap up U.S. oil purchases at widest discounts ever
China has increased U.S. crude purchases with some buyers snapping up cargoes at the widest discounts ever as sellers seek to offload excess supplies in Asia, six trade sources said on Wednesday......»»
Stocks rebound on hopes for massive global stimulus
Stocks in Asia and Europe gained Tuesday after the Federal Reserve promised unlimited supplies of dollars. Julian Satterthwaite reports......»»
JPMorgan commits $50 million to businesses, people affected by coronavirus
JPMorgan Chase & Co said on Wednesday that it committed $50 million to funds and community groups that are providing food, support and medical supplies for people hurt by the coronavirus in the United States, Europe and Asia......»»
Across Asia, countries race to boost face mask supplies
At a face mask factory just outside the South Korean capital of Seoul, workers are churning out 300,000 masks a day - and it's still not enough......»»
Cable maker BizLink set to fully acquire Singapore peer
Taiwan-based electrical cable maker BizLink Holding has decided to fully acquire its Singapore peer Speedy Industrial Supplies for SGD65 million (US$47 million), bolstering its production and sales force in Southeast Asia......»»
"Significant threat" to Chinese economic growth amid virus outbreak
Asia Pacific markets suffer heavy losses as death toll rises, with Chinese index closed until 3 February.....»»
Asia"s crude supplies could be disrupted if Iraqi oil facilities are targeted
Middle East tensions heightened after Iran targeted more than a dozen ballistic missiles against U.S. forces in Iraq......»»
Oil rises to 3-month high on supply and trade optimism
Oil advanced in light trading, with prices set for the biggest monthly gain in almost a year on speculation that supplies are shrinking......»»
Oil rises further above $65 on trade hopes, supply cuts
Oil rose further above $65 a barrel on Tuesday, supported by hopes that the U.S.-China trade deal will bolster oil demand in 2020 and the prospect of lower U.S. crude supplies......»»
U.S. pork prices rise as fatal pig disease hits Asia: Tyson Foods CEO
U.S. pork prices have increased in recent weeks as a fatal pig disease in Asia is reducing global meat supplies, the chief executive of Tyson Foods Inc said on Tuesday, after the company posted lower-than-expected quarterly earnings......»»
Oil rises on hopes OPEC will extend supply cuts, weaker U.S. dollar
Oil rose on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker U.S. dollar and as traders covered short positions ahead of an industry report on U.S. crude inventories......»»
Oil rises 1% on hopes OPEC will extend supply cuts, weaker U.S. dollar
Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker U.S. dollar and as traders covered short positions ahead of an industry report on U.S. crude inventories......»»
Oil rises 1.4% on hopes OPEC will extend supply cuts, weaker U.S. dollar
Oil rose about 1.4% on Wednesday, gaining support due to signs that OPEC and allied producers will continue to curb supplies in December, a weaker U.S. dollar and as traders covered short positions ahead of an industry report on U.S. crude inventories......»»
Futures Movers: Oil prices decline as U.S. supplies build, Saudis restore output and demand worries persist
Oil futures decline Thursday, heading for a third straight session decline as news reports cite progress in restoring Saudi output following attacks on its oil facilities earlier this month and U.S. inventories logged back-to-back weekly increases......»»
U.S. crude export demand surges after attack on Saudi facilities
U.S. crude export demand at the Gulf Coast surged on Monday, traders said, as the window to export crude profitably to Asia and Europe was thrown open after attacks on Saudi Arabia's oil facilities took out 5% of global oil supplies......»»
Oil rises 2% after attack on Saudi field, stimulus expectations
Oil prices gained roughly 2% on Monday after a weekend attack on a Saudi oil facility by Yemen's Houthi forces threatened crude supplies and as traders looked for signs that top economies would take measures to counteract a global slowdown......»»