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

The 24rdBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

ufi

BEIJING, China

March 25-27,2024

LOCATION:HOME> News> Industry News
Industry News
The following is the news list page
21 2020-05

Alaskan and Canadian oil finds new Chinese buyers as their economy restarts

CALGARY (Bloomberg) - Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels. The Sofia beca.........

see more >>
19 2020-05

Oil highest since March as Chinese demand reaches 13 MMbpd

SINGAPORE (Bloomberg) - Oil rose to close at its highest in two months as demand in China returned to near pre-virus level and output curbs continued in the U.S. and elsewhere. Futures in Ne.........

see more >>
18 2020-05

U.S. shale’s quick response to falling oil prices is paying off

CALGARY (Bloomberg) --In brokering the end to the global oil-price war last month, the Trump administration assured leaders that Americas shale patch would throttle back production. But few .........

see more >>
15 2020-05

China paying a premium for select crudes illustrates demand’s return

(Bloomberg) --For a sneak peek at the return of Chinese oil demand, look no further than the rebound in price of the nations favorite grades. In the last few days a Chinese state-owned refin.........

see more >>
08 2020-05

Undercutting rivals helps Saudis grow share in key oil markets

DUBAI (Bloomberg) --The uneasy truce that settled over oil markets this month as some of the worlds largest producers began cutting output belies the raging competition among exporters seeki.........

see more >>
06 2020-05

Oil at $30 may be enough to revive shale activity, say drillers

HOUSTON (Bloomberg) --A pair of prominent shale producers said all they need is oil around $30 a barrel to consider bringing back curtailed crude output and fracing new wells. Diamondback En.........

see more >>
30 2020-04

Ample storage and a recovering China insulate Petrobras from the oil glut

RIO DE JANEIRO (Bloomberg) --Petrobras, Brazils state-controlled oil giant, is plowing through a global oil glut expecting that exports to China will soon rebound, and with extensive storage.........

see more >>
28 2020-04

Westermo industrial Ethernet switch wins Red Dot Product Design Award 2020

Westermo has received the 2020 Red Dot product design award for its ultra-compact and robust Lynx 5512 industrial Ethernet Switch, designed by Kim Trmnen. The Red Dot award is an internation.........

see more >>
26 2020-04

Continental Resources declares force majeure on some oil deliveries

WASHINGTON (Bloomberg) --Shale explorer Continental Resources Inc. told at least one refiner it couldnt make an oil delivery after the global pandemic sent prices plunging, a move refiners c.........

see more >>
23 2020-04

Oil rout looks to break shale’s global oil dominance

HOUSTON (Bloomberg) --A historic crash in crude prices is driving U.S. shale into full-on retreat with operators halting new drilling and shutting in old wells, moves that could cut output b.........

see more >>
22 2020-04

Oil price collapse spreading as June WTI futures drop 24%, Brent falls

LONDON (Bloomberg) --The meltdown in oil markets widened, with huge losses spreading beyond contracts affected by technical anomalies as the world runs out of places to store unwanted crude..........

see more >>
24 2020-03

Oil slips as OPEC-Texas agreement looks less likely

SINGAPORE (Bloomberg) - Oil dropped toward the lowest level since 2003 as prospects for a deal between OPEC and Texas to limit production appeared to fade, while a U.S. coronavirus rescue pa.........

see more >>
10 2020-03

Oil tests recovery from historic crash following global price war

SYDNEY (Bloomberg) - Oil clawed back some of its biggest drop in a generation as investors grappled with the most volatile market on record in the midst of simultaneous supply and demand sho.........

see more >>
17 2020-01

Oil advances on optimism sparked by historic U.S.-China trade agreement

NEW YORK (Bloomberg) - Oil rose to the highest in more than a week as the preliminary trade truce between the U.S. and China fanned optimism about economic growth. Futures rose as much as 1..........

see more >>
16 2020-01

Chinese imports of U.S. oil to pick up following Trump’s trade deal

NEW YORK (Bloomberg) - American crude oil shipments to China are poised to pick up again after the two economic superpowers signed a landmark trade deal. Under the terms of the agreement, U..........

see more >>