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The 25thBeijing International Offshore Oil & Gas Exhibition

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March 26-28,2025

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Industry News
The following is the news list page
23 2019-01

Oil slumps most in a month as IMF, trade dispute darken outlook

NEW YORK (Bloomberg) -- Oil slumped by the most in almost a month as economic warning signs flashed from Chinese trade talks to the U.S. housing market. Futures fell 2.3% in New York on Tues.........

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22 2019-01

Oil steadies near two-month high as U.S. drilling slows down

LONDON and CALGARY (Bloomberg) -- Oil steadied near a two-month high in New York amid a pullback in U.S. drilling activity, while ongoing U.S.-China trade talks left an uncertain outlook for.........

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17 2019-01

Oil gains as Russia, Saudis signal commitment to production cuts

NEW YORK (Bloomberg) -- Oil closed higher for the second straight day as Russia and Saudi Arabia signaled theyre on track with production cuts designed to avoid a global supply glut. Futures.........

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16 2019-01

Oil resumes rally as stockpiles ween lower, China eyes tax cuts

NEW YORK (Bloomberg) -- Oil climbed as investors anticipated another decline in U.S. crude inventories and China promised to slash taxes to avert an economic slowdown. Futures in New York ro.........

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15 2019-01

Oil retreats with equities as rally to bull market seen overdone

SINGAPORE and LONDON (Bloomberg) -- Oil extended its retreat as disappointing economic data from China helped reignite concerns over economic growth. Futures lost 2.1% in New York on Monday,.........

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14 2019-01

Chevron touts nimble shale as electric cars dim big oil's future

HOUSTON (Bloomberg) -- Chevron Corp. will spend about half its capital budget on projects that yield quick returns over the next three years, underscoring the importance of shale as it prepa.........

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11 2019-01

Oil winning streak longest since 2010 as outlook brightens

NEW YORK (Bloomberg) -- Oil extended its winning streak to the longest in almost a decade as the Federal Reserves wait-and-see approach on interest rate hikes added to a rosier outlook. Futu.........

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07 2019-01

If you can't pipe it, refine it: Alberta seeks oil glut solution

CALGARY (Bloomberg) -- Whats worse: Too much oil, or too much gasoline? The government of Alberta, weighing the potential of a new refinery for the province, may be on its way to finding out.........

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03 2019-01

Oil keeps Oman on debt binge with $6.2 billion plan for 2019

NEW YORK (Bloomberg) -- Omans government, whose budget deficit is among the largest of all the sovereigns tracked by Fitch Ratings, will tap capital markets for a fourth straight year to plu.........

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02 2019-01

OU.S. Gulf refiners feast on domestic oil amid rising output

NEW YORK (Bloomberg) -- U.S. light oil has become too cheap for Gulf Coast refiners to pass up. Fuel makers on the Gulf, home to the largest cluster of refineries in the world, processed oil.........

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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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24 2018-12

OPEC is in 'whatever it takes' moment to prop up oil prices

DUBAI (Bloomberg) -- OPEC hasnt even started implementing its new six-month agreement to cut output, and already members responsible for most of the reductions have pledged to extend or even.........

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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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