The 17th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
NEW YORK (Bloomberg) -- Crude headed for the biggest decline in almost five months on a gloomy outlook for the world economy and signs that oil stockpiles remain ample. Futures fell as much as 5.1% in New York as stocks slipped and the doll......【More】
2016-07-06NEW YORK (Bloomberg) -- The oil market surplus that vanished last quarter, helping prices post the best quarter in seven years, may return as early as this month as disrupted supply starts to pump again. Canadian output returning from outag......【More】
2016-07-05NEW YORK (Bloomberg) -- American drivers seemingly insatiable thirst for gasoline is running into a flood of supply. Refineries across the nation are operating full-out and imports are pouring into the East Coast, boosting gasoline supplies......【More】
2016-07-04NEW YORK (Bloomberg) -- Oil headed for the biggest quarterly advance in seven years as falling U.S. supply added to speculation the global surplus is easing. Futures fell as much as 2.8% in New York Thursday. Still, oil is headed for its be......【More】
2016-07-01DUBAI (Bloomberg) -- Abu Dhabis proposed merger of two of its largest sovereign investment funds would create a global energy business that produces more oil than OPEC member Libya and with bigger assets than ConocoPhillips. The Persian Gul......【More】
2016-06-30CARACAS, Venezuela (Bloomberg) -- Venezuelas oil output, already the lowest since 2009, is set to slide further this year as contractorsscale back drilling after the cash-strapped country fell more than $1 billion behind in payments. The La......【More】
2016-06-29NEW YORK (Bloomberg) -- Oil capped the biggest two-day drop since February as futures remained volatile after the UK last week voted to leave the European Union. Futures tumbled 2.8% in New York, extending Fridays 4.9% slump, the biggest dr......【More】
2016-06-28MOSCOW (Bloomberg) -- Russia warned that crude oil prices may plunge further if the shock of Britains vote to exit the European Union is combined with a boost in output. Returning production in Canada and Nigeria, which has been disrupted b......【More】
2016-06-27CALGARY, Alberta -- Forecasted growth in Canadian oil production shows new major oil pipelines are urgently needed to deliver safe, secure and reliable energy to domestic and world markets, the Canadian Association of Petroleum Producers (C......【More】
2016-06-24DUBAI (Bloomberg) -- The global oil glut will probably persist until at least next summer as markets take time to absorb excess crude in storage, according to the head of research at the worlds second-largest sovereign wealth fund. Supply a......【More】
2016-06-23
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