Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as insurers tread carefully, leaving shipping players unwilling to pick up Continue Reading
Chinese President Xi Jinping ’s arrival here Tuesday kicked off a trip that puts his country at the center of a clash between Saudi Arabia and Iran over crude-oil sales, Continue Reading
Rival Libyan factions announced a unity government at talks backed by the United Nations, taking a tentative step to ease turmoil that has swept the country since a 2011 uprising Continue Reading
China’s government is highlighting the positive in its flagging economy, saying a transition from industry toward services is making headway. But the latest snapshot of economic performance suggests that shift Continue Reading
Markets around the world have been roiled this month by uncertainty about China’s economic growth and the ineffective reaction by local authorities to the turmoil. While traders have taken most Continue Reading
Walking around an abandoned furniture factory, Fang Minghua pointed out the workshops where several hundred employees once toiled, transforming sheets of raw wood into TV stands or wardrobes for the Continue Reading
China’s largest offshore oil company will cut output for the first time in more than a decade, prompting speculation the nation’s producers are succumbing to the global price war. Shares Continue Reading
Chesapeake Energy Corp. fell to the lowest since April 2000, making it the worst performing stock in the Standard & Poor’s 500 Index Tuesday, on investor concern that sinking oil Continue Reading
Why are the oil-rich countries of the Persian Gulf region announcing ambitious plans for renewable energy when the fossil fuels they produce are so cheap? It’s all about water. “Increasing Continue Reading
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