Commodities News

Exxon, Chevron Brace for Dark Times Ahead as Earnings Slump

Exxon Mobil Corp. and Chevron Corp., the biggest U.S. energy producers, hunkered down for a prolonged stretch of weak prices after posting their worst quarterly performances in several years.

China Official Factory Gauge Slips as Growth Slowdown Bites

An official Chinese factory gauge slipped to a five-month low, signaling that months of easier monetary policy have yet to kick in and putting pressure on the country’s leadership to take further action.

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