United States Oil (USO) United States this year became the largest crude oil producer

United States Oil (USO) United States this year became the largest crude oil producer The United States this year became the largest crude oil producer, surpassing Russia and Saudi Arabia, according to preliminary estimates from the Energy Information Administration. Although following the June 22 agreement between OPEC and Russia to up production to rein in prices Russia…

China May Shake Markets

The Chinese economy revealed fresh signs of softness Friday with data showing the pace of investment slowing to record lows while retail spending and industrial production stabilised. Beijing faces a delicate balancing act, aiming to shift its growth driver away from investment and exports towards personal consumption, while at the same time battling a mountain…