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Hosted on MSNUS-China Trade War Concerns Weigh on Crude PricesTuesday closed down -0.46 (-0.63%), and March RBOB gasoline (RBH25) closed down -0.0187 (-0.88%). Crude oil and gasoline ...
Private oil processors in China have slashed their operating rates to levels last seen at the beginning of the pandemic, as U.S. sanctions on Russia cut a key source of crude supply.
The impact on China is likely to be limited, as U.S. crude has most recently accounted for less than 2% of Chinese imports, ...
The U.S. Treasury on Thursday announced new sanctions on an international network of individuals and companies accused of ...
Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.
China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...
The first round of Chinese sanctions to hit US oil were received with a whimper, and traders are speculating that the move is ...
Oil prices continued into an 11-day downtrend this week as geopolitics took a backseat to a list of other variables.
Oil hits 2-week low as China's DeepSeek AI spurs demand fears U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since ...
China’s state-run refiners are expected to resell US oil cargoes and seek alternative supplies in the aftermath of Beijing’s ...
Crude Oil: Critical $67 Support Under Threat Amid China Slowdown, Rising US Output By Damian Nowiszewski - Dec 11, 2024 4 WTI crude teeters near a critical support level. Weak Chinese demand and ...
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