In a series of tweets, the president addressed an unusual controversy stemming from a speech Thursday that New York Fed President John Williams delivered.Marketsread more
Four members of the House Armed Services Committee, including ranking member Mac Thornberry, R-T.X., said moving forward with the contract was critical to U.S. national...Technologyread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
George Nader helped arrange a January 2017 meeting in the Seychelles between Erik Prince and the head of Russia's sovereign wealth fund, who reported directly to Vladimir...Politicsread more
"I'm not hearing people blame the Fed as much as they're blaming tariffs," says CNBC's Jim Cramer.US Economyread more
Earlier, Williams said in a speech that "it's better to take preventative measures than to wait for disaster to unfold."The Fedread more
Gold has been on fire this year and some investors think it is poised to do something it has only done twice since World War II.Marketsread more
The University of Michigan's preliminary print on its consumer sentiment index ticked up to 98.4, from 98.2 in June. Economists polled by Refinitiv expected the preliminary...Economyread more
The mega-cap tech stocks that have led much of the record-long bull run have started to lose steam, but investors are still giving them the benefit of the doubt.Marketsread more
Houston, we have liftoff. Fifty years ago, man landed on the moon and McDonald's and a handful of other stocks took off into the stratosphere. Two of them have more fuel in...Trading Nationread more
China's oil demand will grow 4.3 percent this year to surpass 11 million barrels per day, compared to 4.8 percent growth last year, the country's top energy group forecast on Tuesday.
State-owned China National Petroleum Corporation (CNPC) sees the country's oil demand rising to 566 million tonnes, or 11.32 million bpd in 2016, some 460,000 bpd higher than last year.
The forecast, in an annual report released by CNPC's research institute, also put the country's net crude imports up 7.3 percent this year to 7.14 million bpd.
China, the world's second-largest oil consumer, raised crude imports by nearly 9 percent last year, or an additional 540,000 bpd, largely to boost government and commercial reserves as oil companies took advantage of the nearly 70 percent fall in global benchmark prices from mid-2014 to end-2015.
The CNPC demand forecast was higher than a recent report by the International Energy Agency (IEA) that put growth in China's demand for oil products in 2016 at 3.1 percent, down from the 5.6 percent growth it estimated for last year.
Reuters' own calculations show implied oil demand was up 3.1 percent to 10.63 million bpd in 2015.
CNPC also forecast that apparent natural gas consumption would rise 7.3 percent to 205 billion cubic metres (bcm) in 2016, compared with growth of 5.7 percent in 2015 as reported by China's top central planning commission.
Refinery capacity is set to reach 14.4 million bpd in 2016, up 1.3 percent, with throughput rising 5.3 percent to 10.98 million bpd, CNPC said.
The capacity of China's commercial oil reserves was 315 million barrels at the end of 2015, it said.
Follow CNBC International on and Facebook.