The 17th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
STAVANGER, Norway (Bloomberg) -- The worst has passed for oil prices, which are now too low to ensure investment in the new supplies needed during the rest of the decade, IHS Markit Ltd.s Vice Chairman Daniel Yergin said. Crude futures, tra......【More】
2016-09-02From underground caverns by the Yellow Sea to a scattering of islands in the Yangtze River delta, the government has been stockpiling crude for emergencies in a network of storage sites dotted around the country. Record purchases this year......【More】
2016-09-01STAVANGER, Norway (Bloomberg) -- Natural gas is rapidly becoming one of the most traded global commodities, but that doesnt mean it will have a global price, according to Royal Dutch Shell. While the fuel can be transported anywhere on LNG......【More】
2016-08-31NEW YORK (Bloomberg) -- Oil investors are turning the car around. For a second week, money managers slashed bets on falling prices by a record and boosted wagers on a rally. Futures have climbed 23% in less than three weeks as some OPEC mem......【More】
2016-08-30NEW YORK (Bloomberg Gadfly) -- When the OPEC nations last met with Russia to agree an output freeze, back in April, it was Saudi Arabia that shot down the deal -- refusing to take part without Iran. This time both countries may be more acco......【More】
2016-08-29LOS ANGELES (Bloomberg) -- Saudi Arabias energy minister said an oil-output freeze would be positive if it happens, while ruling out a cut in production. Irans oil minister became the latest OPEC member to say he will attend a meeting of pr......【More】
2016-08-26NEW YORK (Bloomberg) -- Oil resumed its drop after industry data showed U.S. stockpiles rose, keeping inventories at the highest seasonal level in at least 30 years as peak summer demand in the worlds largest consumer of the fuel nears its......【More】
2016-08-25PORT MORESBY, Papua New Guinea (Bloomberg) -- Oil Search Ltd. said development of a second standalone LNG export terminal in Papua New Guinea is unlikely with Exxon Mobil Corp. and Total SA expected to favor cooperation to expand the existi......【More】
2016-08-24NEW YORK (Bloomberg) -- Oil retreated, halting the longest run of gains in four years as Iraq sought to increase exports amid a global oversupply and Nigerian militants called an end to hostilities. Futures fell 3% in New York after climbin......【More】
2016-08-23WASHINGTON, D.C. (EIA) -- Crude oil production disruptions in Nigeria reached 750,000 bpd in May 2016, the highest level since at least January 2009. The increased disruptions come as militants continue to focus attacks on oil and natural g......【More】
2016-08-19
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