New OPEC-Russia Pact on Oil Cuts Could Last Well Into 2020
OPEC’s 14 member nations and a group of 10 countries led by Russia are gathering Monday and Tuesday for a high-stakes meeting in Vienna to discuss ways to balance the Continue Reading
Iran Has Breached Critical Limit on Nuclear Fuel Under 2015 Pact, State Media Reports
Iranian Presidency Office, via Associated Press WASHINGTON — Iran has exceeded a key limitation on how much nuclear fuel it can possess under the 2015 international pact curbing its nuclear Continue Reading
Iran will not block OPEC/non-OPEC oil cut extension, but will veto charter: minister
Iran’s oil minister on Monday said he will veto OPEC’s long-mooted charter intended to formalize its oil market coordination with Russia and nine other non-OPEC partners, if it comes up Continue Reading
OPEC set to extend oil supply cut as Iran endorses pact
OPEC and its allies look set to extend oil supply cuts this week at least until the end of 2019 as Iran joined top producers Saudi Arabia, Iraq and Russia Continue Reading
China warns of long road ahead for deal with U.S. after ice-breaking talks
China and the United States will face a long road before they can reach a deal to end their bitter trade war, with more fights ahead likely, Chinese state media Continue Reading
Trump says China trade talks ‘back on track,’ new tariffs on hold
The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered concessions including no new tariffs and an easing of restrictions on tech company Continue Reading
Swine fever toll in China may be twice as high as reported, industry insiders say
As many as half of China’s breeding pigs have either died from African swine fever or been slaughtered because of the spreading disease, twice as many as officially acknowledged, according Continue Reading
China To Dominate Concentrated Solar Power Renaissance
“Concentrating solar power (CSP) plants,” explains the Solar Energy Industries Association, “use mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal Continue Reading
China’s May oil product consumption rises 8% on year: NDRC
China’s oil product consumption rose 8% year on year in May to 29.73 million mt, latest data on the National Development and Reform Commission website showed. The volume also rebounded Continue Reading
China’s manufacturing sector weakens further in June; steel prices slip on month
China’s manufacturing sector weakened further in June as trade tensions with the United States deterred new sales and production, and contributed to lower steel prices in the month. The National Continue Reading