The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
logo

The 25thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

ufi

BEIJING, China

March 26-28,2025

LOCATION:HOME> News> Industry News
Industry News
The following is the news list page
29 2018-12

Oil edges up following report of tiny U.S. crude stockpile draw

NEW YORK (Bloomberg) -- Crude hovered near $45/bbl following a U.S. government report showing a fourth straight decline in oil stockpiles. Futures in New York edged up after the Energy Infor.........

see more >>
26 2018-12

Crude spirals to 18-month low amid global economic concerns

NEW YORK (Bloomberg) -- Crude fell to the lowest level in a year and a half as concerns over the global economy and turbulence in Washington overshadowed signals from OPEC that it may deepen.........

see more >>
24 2018-12

OPEC is in 'whatever it takes' moment to prop up oil prices

DUBAI (Bloomberg) -- OPEC hasnt even started implementing its new six-month agreement to cut output, and already members responsible for most of the reductions have pledged to extend or even.........

see more >>
21 2018-12

As oil prices plunge, OPEC output is at risk from social unrest

LONDON (Bloomberg) -- Oils plunge has taken prices below the level all but one OPEC country needs to square their 2019 budgets, increasing the risk of supply disruptions from economic disloc.........

see more >>
20 2018-12

Oil gains as Saudis pledge to extend cuts, U.S. supply draw seen

NEW YORK AND LONDON (Bloomberg) -- Oil prices climbed as Saudi Arabia predicted that OPEC will extend supply cuts next year and optimistic economic growth prospects boosted U.S. equities. Fu.........

see more >>
19 2018-12

Russia oil executives to discuss OPEC+ deal with Novak

MOSCOW (Bloomberg) -- Russian Energy Minister Alexander Novak plans to meet with executives from oil companies on Wednesday to discuss the OPEC+ deal and targets for next year. Its a planned.........

see more >>
18 2018-12

Oil gains near $52 as U.S. drillers cut rigs

LONDON (Bloomberg) -- Oil rose to near $52/bbl as the dollar fell and U.S. drillers cut rigs to the lowest in eight weeks. Futures in New York gained as much as 1.3%. The number of oil rigs .........

see more >>
17 2018-12

Occidental CEO wants to keep rigs running even after oil's slump

WASHINGTON (Bloomberg) -- Occidental Petroleum Corp. will look for ways to cut costs other than dropping rigs, in response to the recent slump in oil prices, according to CEO Vicki Hollub. W.........

see more >>
14 2018-12

Trading `God' says shale has oil prophets groping in dark

NEW YORK (Bloomberg) -- Andy Hall, the oil trader nicknamed God for his lucrative calls on crude, says the U.S. shale boom has made it far harder to predict global supplies. Thats because sh.........

see more >>
13 2018-12

Late reversal sends oil lower as bulls can't kill fears of glut

NEW YORK (Bloomberg) -- Oil gave up all of its gains in the last half hour of trading and skidded to a loss as a smaller-than-expected decline in U.S. crude stockpiles revived fears of a glo.........

see more >>
12 2018-12

Oil rises after report shows large crude-stockpile drop

NEW YORK and LONDON (Bloomberg) -- Oil edged higher after a U.S. industry report signaled a bigger-than-expected draw in crude inventories last week. Futures rose above $52/bbl in New York. .........

see more >>
10 2018-12

Oil Soars After OPEC And Partners Reach Deal

On November 29, the first China-Russia Energy Business Forum opened in Beijing. As an important platform to promote energy cooperation between China and Russia, the forum is co-hosted by CNP.........

see more >>
04 2018-12

The First China-Russia Energy Business Forum Held In Beijing

On November 29, the first China-Russia Energy Business Forum opened in Beijing. As an important platform to promote energy cooperation between China and Russia, the forum is co-hosted by CNP.........

see more >>
29 2018-11

Alberta works to buy crude rail cars amid record low oil prices

CALGARY (Bloomberg) --Alberta is working to buy rail cars to help ship more crude as pipeline bottlenecks have the oil-rich province grappling with historic low prices for its energy product.........

see more >>
27 2018-11

Oil bulls flee as Saudis stir echo of worst rout in decades

NEW WORK (Bloomberg) -- Hedge funds havent been this pessimistic about global oil prices since Brent crude was spiraling into its worst rout in a generation almost three years ago. Net-long .........

see more >>