U.S. Oil Production Set To Keep Increasing in 2020
Along with slower global demand growth, surging U.S. oil production has been the primary bearish factor in the oil market. Click here!
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United States
The United States Natural Gas Production Hit an All-Time High
Dry natural gas production in the United States will rise to an all-time high of 92.10 Bcf/d in 2019. Click here for more!
Gold Price Continues Upward on New Trade-War Uncertainty
For the second day in a row, there’s less-than-comforting news about a U.S.-China trade deal and gold is soaring once again.
The United States and China Deal Hopes Fade; Oil Dropped
The United States and China's "phase one" trade deal fade following oil price decreased. Click here to know more!
Saudi Arabian Oil Fell 1% on Concern Over U.S.-China Trade War
Oil prices fell more than 1% on Monday amid concerns over the prospects of a trade deal between the United States and China. Find out more here!
Keystone Pipeline in Canada in Limelight after Spills
The Keystone pipeline has been transporting oil to the U.S at a higher-than-standard level of pressure since it started operating. Click here!
Chinese Oil Trader Continues Bookings of COSCO-Owned Tankers
Chinese oil trader Unipec has restarted using tankers owned by shipping group COSCO after the U.S eased sanctions temporarily. Click here!
Tanker Ships Sail after U.S. Allows COSCO Unit to Wind Down Oil Deals
At least three tankers are on their way to Asia with U.S. oil cargoes after Washington gave temporary approval to wind down transactions. Click here for more!
Gold Price Rose as Traders Await Next Week’s Fed Policy Meetings
Gold prices inched up on Friday in Asia as traders awaited next week’s U.S. Federal Reserve policy meeting. Click here to know more!
Weekly News Summary for October 11-17, 2019
Weekly News Summary for October 11-17, 2019 Friday, October 11, 2019: Oil Prices Climb on Iranian Tanker Explosion Oil prices edged higher by 2% on Friday, driven…
Snam, IGU and the BCG Confirmed Role of Gas in the Future
Snam, International Gas Union (IGU) and The Boston Consulting Group (BCG) present the Global Gas Report 2019. Click here for more!
Philadelphia Energy Solutions vs. Chemical Safety Board
Philadelphia Energy Solutions oil refinery fire and explosions last June caused by an old, degraded piece of metal pipe. Click here for more!
Permian Natural Gas Flows to US Southwest Remain Strong
Permian natural gas flows to United States Southwest stand strong despite Gulf Coast Express. Want to know more? Click here!
U.S. Judge Upholds Trump’s Tax Cap on ‘SALT’ deductions
A U.S. judge on Monday upheld President Donald Trump’s decision to cap the famous tax break for filers in high-tax states as part of the 2017 tax overhaul.
New Technology Is Revolutionizing Oil and Gas
Recently, oil and gas firms have started to form partnerships with oilfield services providers. The gas and oil industry collaborates with the Big Tech.
Trade War Opens New Economic Threats for China
China's manufacturing advantages are declining. Trade war tariffs are sending multinational corporations to other nations for cheap labor.
New Age for Apple: Verification of third-party iPhone repair stores
Apple makes a decision to verify third-party iPhone repair stores after years of backlash from users.
China’s new “Endurance” Strategy
Trade tensions grow. China and the U.S. choose different tactics to battle it. For now, China’s current strategy as ‘endurance’. The main goal is to preserve China’s…
China accepts high trade threshold
China’s proposed tax on oil could hurt margins at its own refineries. China hurts its own domestic front by making their international refineries less competitive.
Huawei’s Solution: Collaboration with Russia
After being blacklisted by the U.S. government. Huawei is trying to find new ways to expand its technology and find a new OS.