The 12th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
RIO DE JANEIRO (Bloomberg) --Petrobras, Brazils state-controlled oil giant, is plowing through a global oil glut expecting that exports to China will soon rebound, and with extensive storage capacity helping it endure in the meantime. Deman......【More】
2020-04-30WASHINGTON (Bloomberg) --Shale explorer Continental Resources Inc. told at least one refiner it couldnt make an oil delivery after the global pandemic sent prices plunging, a move refiners called the height of hypocrisy following billionair......【More】
2020-04-26HOUSTON (Bloomberg) --A historic crash in crude prices is driving U.S. shale into full-on retreat with operators halting new drilling and shutting in old wells, moves that could cut output by 20% for the worlds biggest producer of oil. For......【More】
2020-04-23LONDON (Bloomberg) --The meltdown in oil markets widened, with huge losses spreading beyond contracts affected by technical anomalies as the world runs out of places to store unwanted crude. West Texas Intermediate crude for May delivery pl......【More】
2020-04-22SINGAPORE (Bloomberg) - Oil dropped toward the lowest level since 2003 as prospects for a deal between OPEC and Texas to limit production appeared to fade, while a U.S. coronavirus rescue package ran into political delays. Futures in London......【More】
2020-03-24SYDNEY (Bloomberg) - Oil clawed back some of its biggest drop in a generation as investors grappled with the most volatile market on record in the midst of simultaneous supply and demand shocks. Futures rose about 4% in early Asian trading......【More】
2020-03-10NEW YORK (Bloomberg) - American crude oil shipments to China are poised to pick up again after the two economic superpowers signed a landmark trade deal. Under the terms of the agreement, U.S. energy exports to China will jump over the next......【More】
2020-01-16CALGARY (Bloomberg) - Canadian natural gas is trading at the highest price relative to U.S. benchmarks in about 10 months after producers cut back on drilling and a rule change on a key Alberta pipeline system last year helped better manage......【More】
2020-01-15SINGAPORE (Bloomberg) - Oil headed for its biggest weekly loss since July as the prospect of an immediate confrontation between the U.S. and Iran abated, allaying fears of disruption to Middle East energy supplies. Futures initially soared......【More】
2020-01-13SINGAPORE (Bloomberg) - Oil steadied after rapidly shedding all of its gains from the clash between the U.S. and Iran, as traders waited to see whether any further hostilities will disrupt exports from the Middle East. Brent held above $65......【More】
2020-01-10
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