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FILE PHOTO: G20 leaders summit in Osaka

Trump directs government to minimize procurement from China

In another action against China days before he leaves office, U.S. President Donald Trump on Friday directed government departments to look at ways to minimize procurement of Chinese goods and services to reduce the risks from espionage, his national security adviser said.

FILE PHOTO: A pump jack operates at a well site leased by Devon Energy...

Oil drops over 2% on China lockdowns, U.S. stimulus concerns

Oil prices fell more than 2% on Friday, with both contracts posting a loss on the week as concerns about Chinese cities in lockdown due to coronavirus outbreaks tempered a rally driven by strong import data from the world's biggest crude importer.

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