Markets

Oil tumbles as much as 2% as Oklahoma crude piles up

Oil prices fell more than 2% on Monday. Data showed inventories at the US crude delivery hub rose last week. Watch oil trade in real time here. Oil prices slid Monday after inventories at a key US crude delivery hub jumped last week, adding to demand concerns. West Texas Intermediate […]
Oil tumbles as much as 2% as Oklahoma crude piles up
Markets

Chinese iron ore stock piles just got bigger

The mounting heaps of iron ore in Chinese ports just got bigger. The world’s second-largest economy and biggest steel producer had a record 136.6 million tonnes of iron ore across 46 ports on May 26, increasing by 600,000 tonnes or 0.44% from the previous week, according to a survey by […]
Chinese iron ore stock piles just got bigger