Oil prices edged lower on Tuesday, extending losses from the previous session, as investors worried about global oil demand following weak manufacturing data in several countries.
Oil slipped on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as OPEC+ producers meet this week to decide whether to increase supply.
Oil rose on Tuesday ahead of a meeting of OPEC+ producers this week that may not lead to a further boost in crude supply, although concern about a possible global recession limited gains.
Oil edged up on Tuesday ahead of a meeting of OPEC+ producers this week that may not lead to a further boost in crude supply, although concern about a possible global recession limited gains.
Oil futures edged up less than 1% on Tuesday ahead of a meeting of OPEC+ producers this week that may not lead to a further boost in crude supply amid concerns a possible global recession could limit energy demand.
Oil futures rose about 2% on Tuesday as traders worried that this week's meeting of OPEC+ producers may not lead to a further boost in crude supply.
Oil futures were little changed on Tuesday ahead of a meeting of OPEC+ producers this week that may not lead to a further boost in crude supply amid concerns a possible global recession could limit energy demand.
Japan's Hino Motors Ltd falsified emissions data on some engines as far back as 2003, a committee tasked by the automaker said on Tuesday, blaming a culture where engineers were not able to challenge senior staff.
A major affiliate of Japan's Toyota Motor Corp falsified emissions data on some engines going back to at least 2003, more than a decade earlier than previously indicated, a company-commissioned probe showed on Tuesday.
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Japan's average minimum wage is set to rise at a record pace this year, the government said on Tuesday, a positive development for Prime Minister Fumio Kishida's efforts to cushion households from global commodity inflation.
The U.S. public company accounting regulator will not accept any restrictions on its access to the audit papers of Chinese companies listed in New York, its chair said on Monday, confirming a Reuters story published last week.
Sanctions have huge toll on Russian economy: report
France, Italy and Spain are stepping up pressure on the European Commission to come up with legislation that ensures Big Tech firms partly finance telecoms infrastructure in the bloc, a document showed on Monday.
France, Italy and Spain are stepping up pressure on the European Commission to come up with legislation that ensures Big Tech firms partly finance telecoms infrastructure in the bloc, a document showed on Monday.
Ben & Jerry's and its parent Unilever Plc said talks had broken down to resolve their dispute over the sale of the ice cream maker's Israeli business, which would allow its products in the occupied West Bank.
The U.S. business of Fiat Chrysler Automobiles was sentenced Monday after pleading guilty in June to criminal conspiracy and will pay nearly $300 million to resolve a multi-year U.S.
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Activist investor Elliott Investment Management disclosed on Monday it had become the largest shareholder in Pinterest Inc, backing the management of the digital pin-board firm and sending the company's shares up 21%.
Activist investor Elliott Investment Management disclosed on Monday it had become the largest shareholder in Pinterest Inc, backing the management of the digital pin-board firm and sending the company's shares up 21% in extended trading.
West Virginia's cities and counties reached a $400 million settlement on Monday with drug distributors McKesson Corp, AmerisourceBergen Corp and Cardinal Health Inc, resolving the local governments' allegations that the three companies fueled an opioid crisis in the state.
West Virginia's cities and counties reached a $400 million opioid settlement with drug distributors McKesson Corp, AmerisourceBergen Corp and Cardinal Health Inc , West Virginia attorney general Patrick Morrisey said Monday.
Iran steps up Bahai persecution with wave of arrests
Amazon Prime members will receive their orders the same day when they spend $25 or more on qualifying items at these retailers.
Revlon Inc received a U.S. bankruptcy judge's permission on Monday to proceed with a $1.4 billion loan, over an objection by junior creditors who argued that its onerous terms could block their chance to recover anything from the cosmetic company's bankruptcy.
NIO saw its shares spike over 3% late-morning Monday, while Li Auto shares were up over 5%.
Hedge fund Greenlight Capital said it took a new stake in Twitter last month as the social media company sued to force Elon Musk to buy the company even as the billionaire entrepreneur said he has changed his mind about the deal.
The food-delivery business that kept Uber Technologies' earnings afloat during the peak of the pandemic is expected to show signs of strain in second-quarter results due on Tuesday as decades-high inflation crimps consumer spending.
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Neel Kashkari of the Federal Reserve Bank of Minneapolis said Sunday on "Face the Nation" that their focus is still on skyrocketing inflation even as a recession hits.
