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Saturday, May 18, 2019

Oil slips but ends week higher on Mideast supply disruption fears

Oil prices edged lower on Friday due to demand fears amid a standoff in Sino-U.S. trade talks, but both benchmarks ended the week higher on rising concerns over supply disruptions in Middle East shipments due to U.S.-Iran political tensions.


from Reuters: Business News https://reut.rs/2VA4NJ7

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Biden blocks Japan's Nippon Steel from buying US Steel

Biden decided to scrap the deal despite concerns that it could damage Washington's relations with Tokyo. from BBC News https://ift.tt/...