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Weak oil prices, China worries weigh on Wall Street

2015-08-04 10:43:13| Oil & Gas - Topix.net

U.S. stocks fell on Monday as oil prices touched a six-month low and factory data from China raised concerns about the world's second-biggest economy. REUTERS: U.S. stocks fell on Monday as oil prices touched a six-month low and factory data from China raised concerns about the world's second-biggest economy.

Tags: street china prices wall

 

Oil prices recover despite Chinas weak economic outlook

2015-08-04 01:00:00| Offshore Technology

Oil prices have edged-up due to the psychological mark of $50 a barrel on Tuesday looming production glut and China's weakening economic outlook.

Tags: prices economic oil weak

 
 

Weak oil prices, China worries weigh on Wall Street

2015-08-03 22:14:45| Chemicals - Topix.net

U.S. stocks fell on Monday as oil prices touched a six-month low and factory data from China raised concerns about the world's second-biggest economy. REUTERS: U.S. stocks fell on Monday as oil prices touched a six-month low and factory data from China raised concerns about the world's second-biggest economy.

Tags: street china prices wall

 

Fall in oil prices due to oversupply concerns

2015-08-03 01:00:00| Offshore Technology

Oil prices have dropped due to concerns of increasing over supplying and contracting demand in China, which is one of the biggest consumers of the fuel.

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Tumbling oil prices slam profit at Exxon Mobil, Chevron

2015-07-31 18:40:37| Chemicals - Topix.net

Earnings at Exxon and Chevron, two of the world's largest oil producers, also missed analysts' expectations, adding to concerns that perhaps executives had not acted quickly enough to mitigate the impact of an over-50-percent drop in oil prices since last summer. The results also highlighted how smaller and more nimble U.S. shale oil companies had slashed costs faster and more aggressively than global majors.

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