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Mexico, China are very different trading partners

  With free trade under fire from the incoming administration and under question from many other quarters, it is U.S. trade relations with China and Mexico that have been getting the most attention and criticism. That makes sense, given that those are two of this country’s three biggest trading partners — and the third is Canada, which is hard to ...

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Glencore, Qatari fund buy 19.5% in Russia’s Rosneft

  MOSCOW / AP Commodities giant Glencore and Qatar’s sovereign wealth fund have together acquired a 19.5 percent stake in Russia’s top state-controlled oil company, Rosneft, in a deal worth 10.5 billion euros ($11.3 billion), officials said. The long-planned sale is part of the Russian government’s efforts to sell some state assets to help balance the budget amid a two-year ...

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China oil imports may slow by over 60%

  Bloomberg One of the biggest engines soaking up the world’s oil is starting to sputter. Growth in crude imports by China, the second largest consumer after the US, will probably slow by more than 60 percent in 2017, according to a Bloomberg survey of analysts including FGE and Energy Aspects Ltd. Private refiners that helped boost purchases to record ...

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