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Oil falls on weak economic data, offshore oil restart

FILE PHOTO – A pump jack is seen surrounded by steam during sunset at a PetroChina’s oil field in Karamay, Xinjiang Uigur Autonomous Region January 5, 2011. REUTERS/StringerRegister now for FREE unlimited access to Reuters.comRegisterChina’s July refinery output lowest since March 2020, data showsStronger U.S. dollar and low liquidity pressure pricesComing up: Iran to respond …

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Stocks struggle as China rate cut sends oil tumbling

FILE PHOTO – People pass by an electronic screen showing Japan’s Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei KatoRegister now for FREE unlimited access to Reuters.comRegisterhttps://tmsnrt.rs/2zpUAr4Nikkei edges up, S&P 500 futures dipPBOC cuts key rates, China data badly miss forecastsEyes on Fed minutes, earningsLONDON, Aug 15 (Reuters) …

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