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Global gas sector set for big growth over 5 years: IEAStrong demand growth from China, greater industrial demand, and rising supplies from the US, will transform global natural gas markets over the next five years, said the International Energy Agency in its latest market forecast. G More… |
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Saudi ‘ready to meet rising oil demand from China’Saudi Arabia's Energy Minister Khalid Al-Falih said the kingdom was ready to meet rising energy demand from China, state news agency SPA reported on Friday. "The Kingdom is ready to fulfill the rising energy dema More… |
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Oil falls on US stocks build, China demand fearsOil prices fell early on Wednesday as an unexpected build in US crude stocks weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry. Interna More… |
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Oil falls on US stocks build, China demand fearsOil prices fell early on Wednesday as an unexpected build in US crude stocks weighed on markets, along with concerns that Chinese crude demand could falter as Beijing clamps down on alleged tax evasion in the oil industry. Interna More… |
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Oil hits 8-month high on supply disruptionsOil prices jumped to their highest level in eight months on Wednesday, rising for a third consecutive session on supply disruptions in Nigeria and strong Chinese demand data. There was also a larger-than-expected drop in U.S. crud More… |
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Oil hits 8-month high on supply disruptionsOil prices jumped to their highest level in eight months on Wednesday, rising for a third consecutive session on supply disruptions in Nigeria and strong Chinese demand data. There was also a larger-than-expected drop in U.S. crud More… |
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Oil prices drop on China demand worriesOil prices fell in early trading in Asia on Monday as analysts expected weaker demand from China in upcoming months. Benchmark US crude futures CLc1 were down 41 cents from their last settlement at $46.18 per barrel at 0025 GMT (0 More… |
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Oil rallies 11pc, but China outlook caps gainsOil opened firmly in Asian trading on Tuesday after clocking up gains of 11 per cent in the prior two sessions, but prices began coming off their best on persistent worries over China's demand outlook. Some investors are betti More… |
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Oil near 6-year low as US stockpiles hit record highOil remained weak in Asia on Thursday after data showing record US stockpiles sent prices tumbling to the lowest level in nearly six years in the previous session and analysts said a global glut would continue to keep the market under pressure. More… |
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Oil edges above $85 as China demand risesBrent edged up on Tuesday, holding above $85 a barrel as robust China oil demand supported prices, although gains were capped by oversupply and lingering fears of a weak global economy. Implied oil demand at the world's larges More… |
