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Shanghai crude oil futures open lower
SHANGHAI, March 18(Xinhua) -- Crude oil futures were lower Monday in early trading on the Shanghai International Energy Exchange. The most active crude oil contract for April delivery dipped 2.1 yuan
Shanghai crude oil futures open higher
SHANGHAI, April 2 (Xinhua) -- Crude oil futures opened higher Tuesday on the Shanghai International Energy Exchange. The most active crude oil contract for May delivery was up 9.9 yuan (1.47 U.S. dol
Oman to increase oil output to 670,000 b...
MUSCAT, March 20 (Xinhua) -- Petroleum Development Oman (PDO), oil and natural gas producer in Oman, said on Wednesday that it plans to increase oil output to 670,000 barrel per day (bpd) from 610,17
Low oil pressure cause of cruise ship tr...
OSLO, March 27 (Xinhua) -- Low oil pressure was the cause of engine halt on the cruise ship Viking Sky off Norway's western coast on Saturday, public broadcaster NRK reported Wednesday. The cruise sh
Roundup: Weekly oil prices mix but still...
HOUSTON, March 24 (Xinhua) -- The weekly oil prices mixed during the week ending March 22, with the price of West Texas Intermediate (WTI) for April delivery up 0.89 percent and Brent crude oil for M
U.S. set to become net oil exporter by 2...
Crude production is set to continue expanding in the United States thanks to shale oil, with the country becoming a net exporter from 2021, according to a report released by the International Energy
Shanghai crude oil futures open higher
SHANGHAI, March 27 (Xinhua) -- Crude oil futures were higher Wednesday in early trading on the Shanghai International Energy Exchange. The most active crude oil contract for May delivery was up 4.6 y
S. African energy minister defends oil d...
CAPE TOWN, March 28 (Xinhua) -- Engery Minister Jeff Radebe on Thursday rebuffed criticism against an oil deal with South Sudan, saying South Africa must do what is right to meet its energy needs. "S
Shanghai crude oil futures close higher
SHANGHAI, March 22 (Xinhua) -- Crude oil futures closed higher on Friday at the Shanghai International Energy Exchange (INE). The most active crude oil contract for May delivery was 1.5 yuan (22 U.S.
Russia's oil, gas investments in Iraq ex...
BAGHDAD, Feb. 27 (Xinhua) -- The Russian investments in the Iraqi oil and gas sector have amounted to more than 10 billion U.S. dollars, an Iraqi newspaper reported Wednesday. "As far as I know, the
Shenzhen's oil painting village shifts f...
Dafen Village, noted for its vast number of oil paintings, is located in the southern Chinese city of Shenzhen, Guangdong Province. Home to more than 1,200 art studios and over 8,000 painters, Dafen'
U.S. crude oil production increases slig...
HOUSTON, April 3 (Xinhua) -- U.S. crude oil production increased slightly during the week ending March 29, U.S. Energy Information Administration (EIA) said on Wednesday. According to EIA's data, U.S
Shanghai crude oil futures open lower
SHANGHAI, March 25 (Xinhua) -- Crude oil futures were lower Monday in early trading on the Shanghai International Energy Exchange. The most active crude oil contract for May delivery was 9.3 yuan (1.
Oil prices mixed amid falling demand gro...
Oil prices were mixed on Tuesday, after U.S. oil output was expected to rise in March and global oil demand has been projected to decline in 2019. U.S. crude futures edged slightly higher by 0.50 U.
Petrobras oil trader to plead guilty in ...
A former U.S.-based oil trader sought in Brazil over a multimillion-dollar bribery scheme involving commodities traders Vitol, Glencore and Trafigura has agreed to plead guilty to conspiracy to commi
Massive shale oil reserves found in nort...
Massive shale oil reserves have been found in north China's Tianjin Municipality. According to Dagang Oilfield, a subsidiary of state-owned China National Petroleum Corp. (CNPC), two flowing wells ha
Spotlight: Trade tensions overshadow U.S...
by Xinhua writers Liu Yanan, Gao Lu, Liu Liwei HOUSTON, March 16 (Xinhua) -- The fast-growing U.S. oil and natural gas industry, which is seeking export markets around the globe, are overshadowed as
Israel discovers 2,000-year-old Jewish v...
JERUSALEM, April 4 (Xinhua) -- Remains of a Jewish settlement from about 2,000 years ago with a rare oil lamp were discovered in the southern Israeli city of Beer Sheva, the Israel Antiquities Author
Oil prices rise amid bullish job data, l...
NEW YORK, April 5 (Xinhua) -- Oil prices rallied on Friday, amid strong U.S. employment data, easing worries over weakening oil demand due to potential economic slowdown. U.S. total nonfarm payroll e
IRGC threatens to close Hormuz strait if...
TEHRAN, Feb. 25 (Xinhua) -- As long as Iran is able to export its oil via the Strait of Hormuz, the waterway would be open, Navy Commander of the Islamic Revolution Guards Corps (IRGC), Ali Reza Tang
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