The International Energy Agency on Thursday raised its estimates of the “call” on OPEC, or demand for OPEC crude, in the first and second quarters of 2019 by 700,000 b/d Continue Reading
Lack of foresight isn’t new in politics. As John F. Kennedy wrote in Why England Slept (1940 ) , that country had snoozed through the rise of, and German rearmament Continue Reading
China’s Hengli Petrochemical Group ( 600346.SS ) will start test-running its new oil refinery in the northeastern city of Dalian on December 15, according to a company statement, slightly behind Continue Reading
China National Petroleum Corp (CNPC) has suspended investment in Iran’s South Pars natural gas project in response to U.S. pressure and to minimize tensions amid trade talks between Beijing and Continue Reading
Shanghai’s new yuan-denominated derivatives contract is set to propel global crude oil futures trading volumes to a record high in 2018, eating into the market share of the two most Continue Reading
There was a sigh of relief from global markets when the leaders of China and the U.S. met on the side-lines of the G20 summit to agree upon a temporary Continue Reading
China National Petroleum Corp (CNPC) has suspended investment in Iran’s South Pars natural gas project in response to U.S. pressure and to minimize tensions amid trade talks between Beijing and Continue Reading
China’s output of new energy vehicles rose to 173,000 units in November, up 18.5% year on year, according to the latest monthly report from the China Association of Automobile Manufacturers Continue Reading
China’s oil thirst continues to grow, despite the impact that U.S. tariffs are starting to have on the world’s second largest economy. On Saturday, preliminary data from China’s General Administration Continue Reading
The prevailing market narrative after China’s overall November trade data was that the world’s second-biggest economy is softening and starting to show the strains of the trade dispute with the Continue Reading
