The 17th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
NEW YORK (Bloomberg) -- Oil climbed from the highest close in more than seven weeks as investors overlooked deteriorating Chinese manufacturing amid the first monthly decline in OPEC production since November. Futures advanced as much as 1.......【More】
2016-03-02NEW YORK (Bloomberg) -- Crude advanced as Saudi Arabia said it would work with other producers to curb market fluctuations and as Chinas central bank stepped up efforts to support the economy. WTI futures rose as much as 2.3%, trimming a fo......【More】
2016-03-01HOUSTON (Bloomberg) -- Explorers parked more drilling rigs in U.S. oilfields as the rest of the world looks to shale producers to arrest the worst crude downturn in 30 years with more cutbacks. Rigs targeting oil in the U.S. fell by another......【More】
2016-02-29HOUSTON (Bloomberg) -- Halliburton Co. said its cutting another 5,000 workers, or 8% of its global workforce, to cope with the worst crude market downturn in 30 years. The worlds second-largest oilfield services provider said last month it......【More】
2016-02-26ABU DHABI (Bloomberg) -- The success of a proposal for the worlds biggest producers to freeze crude output hinges on unified support, Iraqs oil minister said, a day after fellow OPEC member Iran called the plan ridiculous. If some people fr......【More】
2016-02-25HOUSTON (Bloomberg) -- The worlds most powerful oilman brought a harsh message to Houston for executives hoping for a rescue from low prices: high-cost producersmany of them sitting in the roomneed to either lower costs, borrow cash or liqu......【More】
2016-02-24HOUSTON (Bloomberg) -- OPEC and U.S. shale may need a relationship counselor. After first ignoring it, later worrying about it and ultimately launching a price war against it, OPEC has now concluded it doesnt know how to coexist with the U.......【More】
2016-02-23NEW YORK (Bloomberg) -- Oil pared gains after a government report showed U.S. crude inventories advanced to an 86-year high as imports surged. Crude stockpiles rose 2.15 MMbbl to 504.1 MMbbl last week, according to the Energy Information Ad......【More】
2016-02-19TEHRAN, Iran (Bloomberg) -- Iran supported an accord by Saudi Arabia and Russia to steady global oil markets by capping their supply, without saying whether it would curb its own production. Iran backs any measures to stabilize global oil m......【More】
2016-02-18NEW YORK (Bloomberg) -- Oil traders arent too impressed with Saudi Arabia and Russias accord to cap oil production at near-record levels. After rising above $31.50/bbl when news of this agreement was reached, front-month West Texas Intermed......【More】
2016-02-17
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