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China Energy News - page 12

 

Oil Falls as U.S. Adds New Rigs, China Weakness

Jan 28, 2019

Oil fell nearly 2 percent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further, but the price is still on course for its strongest January gain for 14 years.Further weighing on oil markets…

Oil Rises Above $57 on China-U.S. Trade Talks, OPEC Cuts

Jan 04, 2019

Oil rose to above $57 a barrel on Friday after China said it would hold trade talks with the United States and a survey showed China's services sector expanded in December, while signs of lower crude supply also lent support.The Organization…

Oil Slips as Pessimism Over Supply Resurfaces Despite OPEC Pledge

Nov 19, 2018

Oil fell on Monday, surrendering earlier gains as investors weighed up the effectiveness of a potential cut in supply from OPEC and possibly other exporters in the face of rapidly rising global output.Brent crude futures were down $1.04 at $65…

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