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    LOCATION:HOME> News > Industry News
    Industry News
    The following is the news list page
    29 2018-12

    Oil edges up following report of tiny U.S. crude stockpile draw

    NEW YORK (Bloomberg) -- Crude hovered near $45/bbl following a U.S. government report showing a fourth straight decline in oil stockpiles. Futures in New York edged up after the Energy Infor.........

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    26 2018-12

    Crude spirals to 18-month low amid global economic concerns

    NEW YORK (Bloomberg) -- Crude fell to the lowest level in a year and a half as concerns over the global economy and turbulence in Washington overshadowed signals from OPEC that it may deepen.........

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    21 2018-12

    As oil prices plunge, OPEC output is at risk from social unrest

    LONDON (Bloomberg) -- Oils plunge has taken prices below the level all but one OPEC country needs to square their 2019 budgets, increasing the risk of supply disruptions from economic disloc.........

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    20 2018-12

    Oil gains as Saudis pledge to extend cuts, U.S. supply draw seen

    NEW YORK AND LONDON (Bloomberg) -- Oil prices climbed as Saudi Arabia predicted that OPEC will extend supply cuts next year and optimistic economic growth prospects boosted U.S. equities. Fu.........

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    19 2018-12

    Russia oil executives to discuss OPEC+ deal with Novak

    MOSCOW (Bloomberg) -- Russian Energy Minister Alexander Novak plans to meet with executives from oil companies on Wednesday to discuss the OPEC+ deal and targets for next year. Its a planned.........

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    18 2018-12

    Oil gains near $52 as U.S. drillers cut rigs

    LONDON (Bloomberg) -- Oil rose to near $52/bbl as the dollar fell and U.S. drillers cut rigs to the lowest in eight weeks. Futures in New York gained as much as 1.3%. The number of oil rigs .........

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    17 2018-12

    Occidental CEO wants to keep rigs running even after oil's slump

    WASHINGTON (Bloomberg) -- Occidental Petroleum Corp. will look for ways to cut costs other than dropping rigs, in response to the recent slump in oil prices, according to CEO Vicki Hollub. W.........

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    14 2018-12

    Trading `God' says shale has oil prophets groping in dark

    NEW YORK (Bloomberg) -- Andy Hall, the oil trader nicknamed God for his lucrative calls on crude, says the U.S. shale boom has made it far harder to predict global supplies. Thats because sh.........

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    13 2018-12

    Late reversal sends oil lower as bulls can't kill fears of glut

    NEW YORK (Bloomberg) -- Oil gave up all of its gains in the last half hour of trading and skidded to a loss as a smaller-than-expected decline in U.S. crude stockpiles revived fears of a glo.........

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    12 2018-12

    Oil rises after report shows large crude-stockpile drop

    NEW YORK and LONDON (Bloomberg) -- Oil edged higher after a U.S. industry report signaled a bigger-than-expected draw in crude inventories last week. Futures rose above $52/bbl in New York. .........

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    10 2018-12

    Oil Soars After OPEC And Partners Reach Deal

    On November 29, the first China-Russia Energy Business Forum opened in Beijing. As an important platform to promote energy cooperation between China and Russia, the forum is co-hosted by CNP.........

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    04 2018-12

    The First China-Russia Energy Business Forum Held In Beijing

    On November 29, the first China-Russia Energy Business Forum opened in Beijing. As an important platform to promote energy cooperation between China and Russia, the forum is co-hosted by CNP.........

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    29 2018-11

    Alberta works to buy crude rail cars amid record low oil prices

    CALGARY (Bloomberg) --Alberta is working to buy rail cars to help ship more crude as pipeline bottlenecks have the oil-rich province grappling with historic low prices for its energy product.........

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    27 2018-11

    Oil bulls flee as Saudis stir echo of worst rout in decades

    NEW WORK (Bloomberg) -- Hedge funds havent been this pessimistic about global oil prices since Brent crude was spiraling into its worst rout in a generation almost three years ago. Net-long .........

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    26 2018-11

    As oil plunges, the real OPEC meeting will be at next week's G20

    LONDON (Bloomberg) -- For the oil market, it looks like the real OPEC meeting will come a week ahead of schedule. The cartel is set to meet on Dec. 6 in Vienna, but days earlier the key deci.........

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