Asian Stocks Inch Up But China Falters; Oil At 2019 Highs

Stocks in Asia rose marginally on Tuesday as many markets reopened after the long Easter break, while oil jumped to its highest this year as the United States tightened sanctions on Iran.

Topics:  asia   easter   united states   iran   stocks   oil   
BING NEWS:
  • China’s Apparent Oil Demand Dips in April for First Yearly Decline Since 2022
    Manufacturing recovery in China was again muted in April, while the property crisis continues to weigh on construction-intensive fuels such as diesel. “[S]tronger YoY crude oil imports coupled with ...
    05/17/2024 - 4:09 am | View Link
  • Oil Rises on Lower Stockpiles, Bullish Mood After Inflation Data
    Oil gained in early Asian trade, buoyed by a second straight weekly decline in U.S. inventories.
    05/15/2024 - 8:11 pm | View Link
  • US Renewable Fuel Maker Defends Used Cooking Oil From China
    Darling Ingredients Inc., a major US producer of renewable diesel, defended imports of used cooking oil as a feedstock to produce climate-friendly fuels.
    05/15/2024 - 5:50 am | View Link
  • Flood of China Used Cooking Oil Spurs Call to Hike US Levies
    (Bloomberg) -- As President Joe Biden prepares a new wave of tariffs against China, a US soybean trade group is pushing for higher levies on Chinese used cooking oil that it says is undercutting ...
    05/13/2024 - 1:00 pm | View Link
  • Saudi crude oil supply to China to fall 5.8 mln bbls in June from May, sources say
    Chinese refiners will lift less Saudi crude oil in June than in May, people with knowledge of the matter said on Friday.
    05/9/2024 - 7:15 pm | View Link
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