Sunday, April 5, 2026

Oil falls as weak Chinese data offsets hope on U.S.-China trade talks

Source: Reuters NEW YORK (Reuters) – Oil prices eased on Monday after four days of gains as worries about weak Chinese industrial data offset hopes oil demand will rise as talks progress on a Sino-American trade deal. Brent futures were down 32 cents, or 0.5%, at $61.70 a barrel by 11:39 a.m. EDT (1539 GMT), while U.S. West Texas Intermediate

https://www.reuters.com/article/us-oil-results/investors-brace-for-poor-u-s-shale-earnings-amid-weak-oil-and-gas-prices-idUSKBN1X70QG-oag360

Investors brace for poor U.S. shale earnings amid weak oil and gas prices

Source: Reuters (Reuters) – Investors are bracing for weaker results from U.S. shale players in coming days as lower oil and natural gas prices and cost-cutting measures have weighed on third-quarter operations. Major shale producers ConocoPhillips (COP.N) and Concho Resources (CXO.N) this week kick off quarterly earnings reports for a group whipsawed this year by volatile pricing and investor demands