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Month: December 2017

Category:
  • China

China becomes world’s No.2 LNG importer in 2017, behind Japan

China will become the world’s second-biggest importer of liquefied natural gas (LNG) this year as it overtakes South Korea, shipping data in Thomson Reuters Eikon showed. This is a huge Continue Reading

Posted On : 26 Dec 2017 Published By : Tom Whipple
Category:
  • China

China urges miners to increase high-grade coal supplies for heating

China has urged coal miners to increase high-grade coal supplies to ensure heating fuel for winter, the National Development and Reform Commission (NDRC) said in a statement on Tuesday. The Continue Reading

Posted On : 26 Dec 2017 Published By : Tom Whipple
Category:
  • China
  • Russia

Russia holds steady as China’s largest crude supplier for ninth month

Russia held on as China’s largest crude oil supplier for the ninth month in a row in November, also topping Saudi Arabia for the year so far, Chinese customs data Continue Reading

Posted On : 26 Dec 2017 Published By : Tom Whipple
Category:
  • Prices

Turkmen November gas supplies to China slide versus October amid winter supply crunch: customs data

China’s monthly natural gas imports from leading supplier Turkmenistan fell in November from the previous month to their lowest since December 2016, leaving Beijing increasing purchases from elsewhere to try Continue Reading

Posted On : 26 Dec 2017 Published By : Tom Whipple
Category:
  • China
  • North Korea

China halts oil product exports to North Korea in November as sanctions bite

China exported no oil products to North Korea in November, Chinese customs data showed, apparently going above and beyond sanctions imposed earlier this year by the United Nations in a Continue Reading

Posted On : 26 Dec 2017 Published By : Tom Whipple
Category:
  • China
  • USA

China to Overtake U.S. Economy by 2032 as Asian Might Builds

CEBR publishes World Economic League Table and predictions Report sees India overtaking both U.K., France next year A man carries a kite in the shape of the Chinese national flag Continue Reading

Posted On : 26 Dec 2017 Published By : Tom Whipple
Category:
  • Offshore
  • USA

U.S. regulator proposes scaling back offshore drilling safety rules: WSJ

A U.S. regulator has proposed rolling back safety measures put in place after the 2010 Deepwater Horizon oil spill, which would reduce the role of government in offshore oil production, Continue Reading

Posted On : 26 Dec 2017 Published By : Tom Whipple
Category:
  • Prices

WTI In 2018

As much as I love Christmas and year end celebrations, this is not a great time of year for me for one reason. The expectation is that I will write Continue Reading

Posted On : 26 Dec 2017 Published By : Tom Whipple
Category:
  • Shale Oil

Shale Growth Hides Underlying Problems

All eyes are on U.S. shale as we head into 2018, with a growing number of analysts worrying that shale will spoil the oil price rally. Estimates of supply growth Continue Reading

Posted On : 26 Dec 2017 Published By : Tom Whipple
Category:
  • Oil Supply

The Dark Bounty of Texas Oil

For more than a century, the economic fortunes of Texas have depended on oil. The image of mighty geysers spewing depreciable assets out of the ground is forever linked to Continue Reading

Posted On : 26 Dec 2017 Published By : Tom Whipple

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