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The 15thBeijing International Shale Gas Technology and Equipment Exhibition

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BEIJING,CHINA

March 26-28,2025

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Industry News
The following is the news list page
02 2021-02

Oil surges on signs of a tight global crude market

(Bloomberg) --Oil surged by the most intraday in three weeks, lifted by broader market strength and optimism over demand recovering this year. Futures climbed as much as 2.4% in New York on .........

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25 2021-01

Biden’s fiscal and climate priorities may support oil prices, says Goldman Sachs

(Bloomberg) --Initial steps taken by U.S. President Joe Bidens administration may help support the oil market this year and next, according to Goldman Sachs Group Inc. A focus on fiscal spen.........

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12 2021-01

Asian oil refiners target European crude as Saudi output falls

(Bloomberg) --Asias oil refineries have been rushing to buy up crude cargoes from Europe after Saudi Arabias surprise decision to unilaterally cut output in February and March. Unipec, the t.........

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29 2020-12

Oil price rally fades as OPEC’s plans overshadow U.S. stimulus

(Bloomberg) --A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from O.........

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22 2020-12

Oil prices dive as mutating virus chokes international travel

(Bloomberg) --Oil plummeted the most in seven weeks, with investors fleeing the market as a mutation of Covid-19 discovered in the U.K. threatened more lockdowns across Europe. Brent futures.........

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18 2020-12

Oil prices climb past 10-month record on rallying global markets

(Bloomberg) --Oil extended gains from the highest settlement in almost 10 months after broader markets rallied and American crude stockpiles declined more than expected. Futures in New York .........

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16 2020-12

Wall Street favor shifting from U.S. shale to Canadian oil sands

CALGARY (Bloomberg) --After years in the shadow of the U.S. shale boom, the Canadian oil sands are emerging from 2020s historic market crash with a slew of upbeat outlooks from Wall Street e.........

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08 2020-12

Asian oil demand strengthens North Sea crude markets

(Bloomberg) --North Sea oil prices are finally strengthening, catching up with other markets that already rallied on the back of rising buying interest from Asia, where demand in many places.........

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02 2020-12

Oil prices rise as OPEC+ delays a decision on output hikes

(Bloomberg) --Oil erased earlier losses with OPEC+ seeking more time to reach a deal on production policy after a meeting broke down without an agreement. Futures were 0.7% higher in New Yor.........

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27 2020-11

OPEC+ projected to delay oil output hike by at least three months

(Bloomberg) --OPEC and its allies will likely delay a supply increase planned for January by three months, according to a survey of oil analysts, traders and refiners. The 23-nation coalitio.........

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26 2020-11

Oil’s recent surge compounds OPEC+ production challenges

(Bloomberg) --With OPEC+ just days from meeting, those countries who favor ratcheting up oil production may be finding some support for their arguments from surging prices. Headline futures .........

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24 2020-11

Oil prices reach three month high on improving demand outlook

(Bloomberg) --Oil touched its strongest level since early September as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved the demand outlook. Markets .........

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18 2020-11

EIA projects $43 oil, flat U.S. production in the first half of 2021

WASHINGTON, DC The U.S. Energy Information Administration reported that a record 12.9 million barrels per day (bpd) of crude oil was produced in the United States in November 2019 and was at.........

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17 2020-11

Vaccine news alone won’t solve OPEC’s oil output puzzle

(Bloomberg) --Oil markets may be cheering the prospects of a coronavirus vaccine, but OPEC+ cant celebrate. Crude prices have rallied to a 10-week high on hopes that Pfizer Inc. and BioNTech.........

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10 2020-11

Libya passes 1 million barrel per day oil production milestone

(Bloomberg) --Libya boosted oil production to more than 1 million barrels a day, a milestone for the North African country after civil war all but shut its energy industry. The OPEC member, .........

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