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Saudi Arabia's oil exports fall below 7 million Bpd in February

Oil exports continued to decline in Saudi Arabia later this year. Crude oil shipments fell by 227,000 bpd in February. At just under 7 million bpd. The Kingdom is determined to rebalance the market in supporting oil prices. According to data released Thursday from the database of the Organization of Joint Organizations Database (JODI), which collects self-reported figures from 114 …

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Ireland will not allow its exports to EU ports to be checked

DUBLIN (Reuters) – Ireland will not support controls on its exports to EU ports following a no-deal Brexit plan following its plan to maintain an open border with Northern Ireland, Foreign Minister Simon Coveney said Tuesday. FILE PHOTO: Irish Foreign Minister Simon Coveney and European Union Chief Brexit negotiator, Michel Barnier, attend a General Affairs Council on Article 50 in …

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China March Factory activity in China is growing for the first time in four months, but exports are weak. From Reuters

© Reuters. FILE PHOTO: Workers fabricate Orolay jackets at the company's factory complex in Jiaxing, Zhejiang By Yawen Chen and Ryan Woo BEIJING (Reuters) – Factory activity in China grew for the first time in four months in March Official poll revealed on Sunday, that state stimulus measures could begin. If economic conditions persist, it may indicate that the ailing …

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China exports: 21% plunge in exports shows weakening global economy

Chinese exports plunged 21% in February from a year earlier, according to Chinese government data released Friday. It has been the weakest monthly performance since February 2016 and far worse than economists had predicted. US $ 250 trillion of Chinese products are taking a toll. "US tariffs have become more meaningful drag on exports," Julian Evans-Pritchard, a China economist at …

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China exports plummeted 20% in February

BEIJING – China's largest export monthly gross domestic product, official data released on Friday, may well be considered as having lost its share of popularity. Exports tumbled 20.7% from a year earlier in February, after jumping 9.1 % in January, according to data from the General Administration of Customs. 6%. Imports fur 5.2% following January's 1.5% drop, according to customs …

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China exports fall in February from Investing.com

© Reuters. China's exports fell 20.7% yoy in February Investing.com – China's exports fell 20.7% year-on-year, according to National Bureau of Statistics data released Friday. The export value in February came in much lower than market expectations of 4.8%. It also reversed the January gains of 9.1%. They also fell 5.2%, while the market expected only a 1.4% decline. The …

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China February trade, imports, exports: Beijing economic data

Analysts also point out that data from China may be distorted at the beginning of the year due to one-week Chinese New Year holidays, which began in early February this year. In 2018, the Chinese New Year holidays began in mid-February. Despite concerns about slowing Chinese growth, Eastspring is optimistic in the world's second-largest economy, as "there are many opportunities …

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US-China trade talks: Chinese exports rise as two sides try to make a deal

The value of Chinese goods exported in January grew 9% year-over-year, according to government data released Thursday in Beijing. The robust performance surprised economists, who had expected exports to contract for the second month in a row. The slowdown in the Chinese economy has alarmed businesses and investors around the world – and could worsen if Beijing and Washington fail …

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