The 16th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
NEW YORK (Bloomberg) --Crude futures in New York rose in tandem with a broader recovery in equities markets, as initial signs that OPEC members intend to comply with promised oil-production cuts assuaged fears that a resurgence in coronavir......【More】
2020-07-15CAIRO (Bloomberg) --Libya took another step toward reviving its moribund oil industry by restarting production at a second important field after a five-month halt. Pumping began on Sunday at the El-Feel deposit, which had suspended operatio......【More】
2020-06-09SINGAPORE (Bloomberg) - Oil retreated from a three-month high as OPEC+ unity was threatened by a long-running feud over complying with production cutbacks, while U.S. data cast doubt on the strength of the demand recovery. Futures in New Yo......【More】
2020-06-05HOUSTON (Bloomberg) - Early signs of a shale rebound are becoming evident as crude prices emerge from their dramatic collapse earlier this year. EOG Resources Inc., Americas largest shale-focused producer, plans to accelerate output in the......【More】
2020-06-03SINGAPORE (Bloomberg) - Oil rose above $34/bbl, following a prediction from Russia that the market may rebalance as early as next month due to historic output cuts from global producers. Russia, a key member of the OPEC+ alliance that has p......【More】
2020-05-27HOUSTON (Bloomberg) --Oil prices have surged more than 75% in the U.S. this month. But dont expect a quick rebound in supply from shale explorers. The quick turnaround in oil markets is exposing the shale industrys Achilles heel: Lightning-......【More】
2020-05-25CAIRO (Bloomberg) - The revival of Libyas oil industry looks even less certain following recent setbacks suffered by Khalifa Haftar, the commander trying to take over the last swaths of the country outside his control. Forces aligned with F......【More】
2020-05-22CALGARY (Bloomberg) - Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels. The Sofia became the second oil tanker in less than a month to s......【More】
2020-05-21SINGAPORE (Bloomberg) - Oil rose to close at its highest in two months as demand in China returned to near pre-virus level and output curbs continued in the U.S. and elsewhere. Futures in New York climbed as much as 9.8%. Chinese oil use is......【More】
2020-05-19CALGARY (Bloomberg) --In brokering the end to the global oil-price war last month, the Trump administration assured leaders that Americas shale patch would throttle back production. But few expected that the cuts would run this deep -- and......【More】
2020-05-18
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