Saudi Arabia will maintain its oil market share and the idea that it would cut production, while other countries increase it is “not a realistic one,” Saudi Foreign Minister Adel Continue Reading
At least 10 people have been killed in clashes between Tunisian police and unidentified gunmen near the Libyan border on Monday, authorities said, amid increasing concern that violent extremism in Continue Reading
A bit of financial juggling may have helped Nicolás Maduro, Venezuela’s embattled socialist president, stave off a default after paying $1.5bn to international creditors last month. But that will not Continue Reading
Venezuela has settled debts with at least three global drug companies by giving them bonds that trade at a heavy discount, a further sign of the OPEC nation’s worsening financial Continue Reading
China’s economy isn’t headed for a hard landing and isn’t dragging on the global economy, China’s top economic planner said on Sunday, but uncertainty and instability in the global economy Continue Reading
China’s leaders made clear they are emphasizing growth over restructuring this year, but suggested they are trying to avoid inflating debt or asset bubbles as they send massive amounts of Continue Reading
China will cap annual energy consumption at 5 billion metric tons of coal equivalent by 2020, as Beijing pushes to control the use of resources and curb greenhouse-gas emissions. The Continue Reading
As economic growth has fallen while debts and excess industrial output have risen, Chinese leaders have faced growing questions about whether they will carry out the painful policy surgery many Continue Reading
China has pushed back completion of its emergency petroleum stockpiles to beyond the original 2020 deadline. The world’s largest energy consumer will finish construction of the second phase of its Continue Reading
China National Petroleum Corp. said it will cut capital spending this year by more than 20 percent and sees domestic crude production slipping as the country’s biggest oil and gas Continue Reading
