Oil steady in volatile trade amid uncertainty on supply cuts, U.S.-China tariffs
Monday, 10 June 2019 Oil prices were steady in volatile trading on Monday as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal and U.S.-China trade tensions continued to threaten demand for crude.
Wall Street's major indexes shot higher Friday, as sharply slowing U.S. job growth boosted hopes for interest rate cuts while optimism about potential progress in U.S. trade fights with China and Mexico added to risk appetites. Fred Katayama reports.
World stocks eased off record highs on Wednesday and U.S. and German bond yields slipped as euphoria over a Sino-U.S. trade deal was depleted by U.S. Treasury Secretary Steven Mnuchin saying tariffs on..
The United States and China have come to an agreement on phase one of a trade deal where the U.S. would cancel future tariffs and rollback penalties on curren tariffs for Chinese goods, in return China..
Credit: Idaho On Your Side Duration: 01:44Published