Ben Geman, Axios / Business Insider: Finance
Heres how Apples shocking sales warning could be foreshadowing trouble in the oil market – Applesbig revealyesterday that Chinas economic slowdown will dampen revenues shows one reason why oil prices face headwinds despite OPECs move to dial back production. Why it matters:The tech giants warning points to economic clouds that could also affect other sectors including oil, which is already under pressure from rising …
