The 12th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
HOUSTON (Bloomberg) -- Oil is so plentiful and cheap in the U.S. that at least one buyer says it would need to be paid to take a certain type of low-quality crude. Flint Hills Resources LLC, the refining arm of billionaire brothers Charles......【More】
2016-01-19TEHRAN (Bloomberg) -- Iran is beginning efforts to boost oil production and exports amid a global supply glut after the removal of sanctions that shackled its economy and capped crude sales. The Persian Gulf country is targeting an immediat......【More】
2016-01-18CALGARY, Alberta (Bloomberg) -- Think oil in the $20s is bad? In Canada theyd be happy to sell it for $10. Canadian oil sands producers are feeling pain as bitumenthe substance at the center of the heated debate over TransCanada Corp.s Keys......【More】
2016-01-15BEIJING (Bloomberg) -- China wont let fuel prices fall in line with crude below $40/bbl as the worlds second-biggest oil consumer seeks to curb pollution and shield domestic producers from oils collapse. The price of fuels, such as gasoline......【More】
2016-01-14NEW YORK (Bloomberg) -- Oil dropped below $30/bbl in New York for the first time in 12 years on concern that turmoil in Chinas markets will curb fuel demand. West Texas Intermediate crude tumbled to the lowest since December 2003. Concerns......【More】
2016-01-13NEW YORK (Bloomberg) -- Crude declined to a 12-year low, confirming the view of hedge funds that cut bullish price bets to the lowest since 2010. Futures dropped as much as 4.7% in New York, adding to last weeks 10% decrease. Speculators ne......【More】
2016-01-12STAVANGER, Norway -- Statoil Petroleum has signed Master Service Agreements with Aker Solutions and OneSubsea Processing. The agreements form the basis for potential new EPC contracts for subsea equipment in the medium-term future. An EPC o......【More】
2016-01-11RIYADH (Bloomberg) -- Saudi Arabia is considering its own Big Bang. The world biggest crude exporter is considering selling a stake in its state-owned company, which controls more than a tenth of the global oil market. A potential initial p......【More】
2016-01-08NEW YORK (Bloomberg) -- Oil fell below $34/bbl in New York after U.S. gasoline inventories surged the most in 22 years and crude supplies at the American hub climbed to a record. Brent oil dropped to an 11-year low in London. Gasoline stock......【More】
2016-01-07NEW YORK (Bloomberg) -- Oil dropped to a two-week low on speculation that a government report will show U.S. crude inventories climbed last week. Futures fell as much as 1.9% in New York. Stockpiles probably rose the 13th time in 15 weeks,......【More】
2016-01-06
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