The 12th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
NEW YORK (Bloomberg) -- Oil closed higher for the second straight day as Russia and Saudi Arabia signaled theyre on track with production cuts designed to avoid a global supply glut. Futures in New York staged a mid-afternoon recovery on We......【More】
2019-01-17NEW YORK (Bloomberg) -- Omans government, whose budget deficit is among the largest of all the sovereigns tracked by Fitch Ratings, will tap capital markets for a fourth straight year to plug a fiscal gap vulnerable to lower oil prices. The......【More】
2019-01-03NEW YORK (Bloomberg) -- U.S. light oil has become too cheap for Gulf Coast refiners to pass up. Fuel makers on the Gulf, home to the largest cluster of refineries in the world, processed oil with an average API gravity of 33.06 in October,......【More】
2019-01-02NEW YORK (Bloomberg) -- Crude hovered near $45/bbl following a U.S. government report showing a fourth straight decline in oil stockpiles. Futures in New York edged up after the Energy Information Administration reported that U.S. crude inv......【More】
2018-12-29NEW YORK (Bloomberg) -- Crude fell to the lowest level in a year and a half as concerns over the global economy and turbulence in Washington overshadowed signals from OPEC that it may deepen output cuts. Futures slid 6.7% in a shortened Chr......【More】
2018-12-26LONDON (Bloomberg) -- Oils plunge has taken prices below the level all but one OPEC country needs to square their 2019 budgets, increasing the risk of supply disruptions from economic dislocation and social unrest. At todays Brent price of......【More】
2018-12-21MOSCOW (Bloomberg) -- Russian Energy Minister Alexander Novak plans to meet with executives from oil companies on Wednesday to discuss the OPEC+ deal and targets for next year. Its a planned meeting with oil companies to discuss the situati......【More】
2018-12-19LONDON (Bloomberg) -- Oil rose to near $52/bbl as the dollar fell and U.S. drillers cut rigs to the lowest in eight weeks. Futures in New York gained as much as 1.3%. The number of oil rigs in America fell to by four to 873 last week and th......【More】
2018-12-18WASHINGTON (Bloomberg) -- Occidental Petroleum Corp. will look for ways to cut costs other than dropping rigs, in response to the recent slump in oil prices, according to CEO Vicki Hollub. Were going to keep our rigs running and were going......【More】
2018-12-17NEW YORK (Bloomberg) -- Andy Hall, the oil trader nicknamed God for his lucrative calls on crude, says the U.S. shale boom has made it far harder to predict global supplies. Thats because shale producers are a lot more responsive to price s......【More】
2018-12-14
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