Bloomberg American oil producers may find a new friend in India as they brace for a trade war with China that could curb US shipments. Refiners in China were the top buyers of American crude oil in May, and have been regular importers since the US revived domestic output and exports in recent years. But sales may slow amid a ...

Bloomberg Escalating trade conflict between the US and China has sent industrial metals to oversold territory. Invesco Ltd.’s Jason Bloom is counting on President Donald Trump’s playbook to reverse those losses. Bloom isn’t alone. Citigroup Inc. metal analyst Max Layton is optimistic that the standoff could end within months. Economists at ING Bank are hopeful Trump’s rhetoric will calm down ...

Bloomberg It’s not just Theresa May who’s worried about being toppled. Pound investors say the threat of Conservative party turmoil is one more reason to avoid the UK currency. Amid reports that the British Prime Minister faces ministerial resignations if she fails to achieve a solution to a Brexit deadlock, strategists warn sterling could fall as low as $1.25 if ...