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Month: January 2016

Category:
  • China

China GDP Slows to Weakest Since 2009 on Manufacturing Slide

China’s economy slowed in December, capping the weakest quarter of growth since the 2009 global recession, as the Communist leadership struggles to manage a transition to consumer-led expansion. Industrial production, Continue Reading

Posted On : 19 Jan 2016 Published By : Tom Whipple
Category:
  • China

Cnooc to Cut Oil Output First Time Since 1999 Amid Plunge

Cnooc Ltd., China’s biggest offshore oil and gas producer, plans to trim output for the first time in more than a decade as it cuts spending to cope with oil’s Continue Reading

Posted On : 19 Jan 2016 Published By : Tom Whipple
Category:
  • China

China annual GDP growth of 6.9% lowest since 1990

Chinese steel production and power generation contracted last year for the first time in at least a quarter of a century, according to official statistics released on Tuesday, as the Continue Reading

Posted On : 19 Jan 2016 Published By : Tom Whipple
Category:
  • Economy
  • USA

US manufacturing sector’s woes pose wider dangers

If currencies at least partly determine where things get made, the continued rise in the US dollar is bad news for manufacturers in the US. It is especially bad news given Continue Reading

Posted On : 19 Jan 2016 Published By : Tom Whipple
Category:
  • China

Xinhua Insight: China growth dips, more supply-side reforms signaled

China’s economy recorded the slowest annual expansion in a quarter of a century in 2015 as authorities signaled more supply-side structural reforms for long-term growth. The economy grew 6.9 percent Continue Reading

Posted On : 19 Jan 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Most Hated Guy in Oil Patch Gets Busier as Market Gloom Deepens

Never has corporate turnaround expert Jeff Huddleston been more needed or more dreaded. Huddleston says he’s gotten used to being “the most hated guy” in the room over the past Continue Reading

Posted On : 19 Jan 2016 Published By : Tom Whipple
Category:
  • Nuclear

Hope springs eternal for nuclear fusion breakthrough

Undeterred by taunts that fusion always seems to lie 50 years in the future as a commercial energy source, a growing programme of research is aimed at taming the nuclear Continue Reading

Posted On : 19 Jan 2016 Published By : Tom Whipple
Category:
  • Russia

Ruble Gains Most in Four Weeks as Rabobank Says Wary of Rebound

The ruble strengthened the most in almost four weeks as oil and other emerging-market currencies climbed while Rabobank said it may be premature to expect further gains. The Russian currency Continue Reading

Posted On : 19 Jan 2016 Published By : Tom Whipple
Category:
  • p-
  • Peak Oil

Notable & Quotable: Peak Oil

From Science magazine’s “The Next Oil Crisis Looms Large—and Perhaps Close,” Aug. 21, 1998: This spring . . . the Paris-based International Energy Agency (IEA) of the Organization for Economic Continue Reading

Posted On : 19 Jan 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Extends Slide Below $30 as Market Braces for Iran Oil Influx

Crude oil prices continued to slide Monday with the Brent global benchmark and its U.S. counterpart West Texas Intermediate firmly entrenched under $30 a barrel. Brent fell 1.28% to $28.54 Continue Reading

Posted On : 18 Jan 2016 Published By : Tom Whipple

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