As oil began crashing late last year, many prepared for a buying spree. Shale was going on sale.
That sale has yet to show up.
Showing posts with label global financial crisis. Show all posts
Showing posts with label global financial crisis. Show all posts
Tuesday, July 14, 2015
Monday, December 1, 2014
China strikes rich from falling oil prices
Beijing: Reaping rich dividends from its Central Asia gas pipelines and falling oil prices, energy- hungry China has not only ensured its energy security but is set to save a whopping USD 30 billion from its oil bills this year, besides USD 47 billion worth of trade gains.
Monday, August 12, 2013
Oil above $106 after China shows recovery signs
BANGKOK (AP) -- The price of oil rose slightly Monday after improved Chinese economic data last week suggested demand for crude might increase.
Sunday, July 28, 2013
EU, China resolve solar dispute - their biggest trade row by far
(Reuters) - China and the European Union defused their biggest trade dispute by far on Saturday with a deal to regulate Chinese solar panel imports and avoid a wider war in goods from wine to steel.
Thursday, October 25, 2012
Russia's energy giant Gazprom launches production at world's largest natural gas fields in Arctic
Russia's energy giant Gazprom launched production on Tuesday at one of the world's largest natural gas fields originally discovered some 40 years ago in the frozen and hitherto inaccessible Arctic.
Saturday, August 25, 2012
Australia's mining boom is over, says resources minister Martin Ferguson
Australia's resources minister, Martin Ferguson, has declared the nation's mining boom "over" after BHP Billiton, the world's biggest miner, delayed plans to build the largest open-pit mine in the world as the global economy slows.
Thursday, May 31, 2012
Oil falls 3 percent on worries over euro zone, China
NEW YORK (Reuters) - Oil fell more than 3 percent on Wednesday, with worry mounting about the petroleum demand outlook as the euro zone debt crisis pushed the single currency down near a two-year low against the dollar and after China signaled it was not planning a large economic stimulus.
Saturday, May 12, 2012
Oil prices fall on weak China data, Europe woes
Oil prices dropped Friday as traders worried about disappointing Chinese economic data and debt-wracked Greece, where an election was almost certain after austerity opponents blocked a new government.
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