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China Energy
China Imported 47.97 Million Tons of Crude Oil in May
China's crude oil imports increased from a decline in May, and international crude oil prices rebounded rapidly.
Crude Oil
Crude Oil Futures Rise on Spot Demand
Crude oil prices on Friday rose Rs 9 to Rs 2,826 per barrel as participants widened their positions on firm spot demand.
Oil Price
Negative Pricing Seen Spreading from Oil to Gas
Almost a month after US crude oil prices collapsed into negative territory for the first time, European gas markets are facing the prospect of also slipping int…
Oil Price
Petronas Expects a Challenging Year as Q1 Profit Falls about 70 Pct
May 22, declined 4.66 per cent to US$34.38 per barrel.
Crude Oil
Crude Oil Futures Rise on Spot Demand
Crude oil prices on Friday rose Rs 40 to Rs 1,874 per barrel as participants widened their positions on firm spot demand.
Oil Shale
Coronacrisis Is Killing Argentina’s Shale Oil Boom
Argentina’s Vaca Muerta shale is on life support just weeks after the meltdown in global crude oil prices.
Oil Shale
U.S. Shale Company Whiting Becomes First Major Bankruptcy of Oil-Price Crash
Whiting Petroleum Corp filed for Chapter 11 bankruptcy, the U.S. shale producer said on Wednesday, the first publicly traded casualty of crashing crude oil pric…
Oil & Gas Trade
China's Major Oilfields Maintain Pace Amid Oil Crash
Crude oil prices dropped below break-even operating expenses for Chinese oil companies, but major oil fields have maintained stable production. Faced with press…
Oil & Gas Trade
Oil may Hit $40 if Russia doesn’t Support Opec’s Production Cuts
In a volatile trading last week, crude oil prices touched one-month high and then fell back as coronavirus fears were back in the markets, with infection and de…
Crude
Crude Falls after Trump Says Iran ‘Appears to be Standing Down’
Crude oil prices continued to fall Wednesday after President Trump said Iran is standing down in the Middle East and the U.S. will impose new sanctions on the n…
Oil Price
Crude Oil Prices Drift Lower Despite US-China Trade Hopes
Crude oil prices drifted lower in the Asia Pacific Monday session, but remained close to three-month highs after three straight weeks of gains which have now me…
Oil Price
Oil Prices Up with Positive US, China Trade Talks
Crude oil prices were up early Tuesday supported by a top U.S. official's comments on positive trade talks between the U.S. and China on Monday.The trade talks …
Oil Price
OPEC Countries Unanimously Support Extension of Oil Output Cuts
The Petroleum Exporting Countries (OPEC) unanimously support an extension to the agreement on the reduction of oil output after March 2020 and continue to discu…
Oil & Gas Trade
U.S.-China Trade Tensions would Ease and on Hopes, Crude Oil Prices held mostly Steady
Crude oil prices held mostly steady on Tuesday on optimism that U.S.-China trade tensions would ease and on hopes that major economies would enact stimulus meas…
Oil & Gas Trade
US Sanctions Have Taken 95% of Iranian Crude Oil Exports Off The World Market
In an appearance at The Economic Club of Washington, DC, Pompeo said sanctions, which were fully imposed in May, have had seemingly no impact on global crude oi…
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