The 17th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
LONDON (Bloomberg) --From Franklin Roosevelt to George W. Bush, American presidents saw oil as the cornerstone of the relationship between Saudi Arabia and the U.S. -- a steady supply from the Middle Easts largest exporter was considered cr......【More】
2018-03-20NEW YORK (Bloomberg) --Crude ended Friday higher after a curious, late-morning spike left analysts scratching their heads. The market was little changed during morning hours of trading, but rocketed upwards just before 11:30 a.m. in New Yor......【More】
2018-03-19NEW YORK (Bloomberg) --U.S. oil companies curtailed activity for the first time since January as escalating output from shale fields stunted a recovery in crude prices. Operators idled four working oil rigs this week, bringing the total to......【More】
2018-03-12VANCOUVER, B.C. -- Africa Oil Corp. has announced that it has completed the previously announced (Feb. 7, 2018) investment in Impact Oil and Gas Limited, a private UK company with exploration assets in South and West Africa. In connection w......【More】
2018-03-09HOUSTON (Bloomberg) --Soaring demand is the main reason for the rebound in oil prices -- but if the economy falters, crude could tumble back to $40/bbl, according to ExxonMobil Corp. Cuts by OPEC countries have helped, but economic expansio......【More】
2018-03-08MEXICO CITY (Bloomberg) --Industry observers have serious doubts about the Mexican presidential front-runners plan to build new refineries that could cost $6 billion to $10 billion. Leftist leader Andres Manual Obradors proposal comes as th......【More】
2018-02-28LONDON (Bloomberg) --For all the talk of aging oil fields and shrinking production, the UK is about to achieve a surprising feat:its on the brink of becoming a net crude oil exporter for the first time in 14 years. To put the milestone into......【More】
2018-02-27LONDON (Bloomberg) -- Oil headed for a second weekly increase as a surprise pullback in U.S. crude inventories compounded signs that a global glut is easing. Futures in New York are up 1.7% this week after closing at the highest level in tw......【More】
2018-02-26DUBAI (Bloomberg) --A Libyan oil field halted production due to a labor dispute, underscoring the still-fragile nature of the North African countrys recovery from a domestic conflict. The company operating the 70,000-bpd El-Feel deposit, al......【More】
2018-02-24SINGAPORE (Bloomberg) -- Even Saudi Arabia wants in on the U.S. oil boom. The kingdoms state oil firm considered the possibility of sending American crude to Asia in February via a U.S. unit before determining it wasnt economically viable,......【More】
2018-02-23
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