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Oil rally fuelled by OPEC noise, just 'bulls clutching at straws'

A spirited oil rally barely extended to a fourth consecutive day on Thursday, as Iran appeared to be cool to a Saudi-Russia proposal to freeze output.

March 09, 2016

KPC (Kuwait) will develop oil fields in Pakistan

Kuwait's state-owned oil group Kuwait Petroleum Corporation (KPC) has signed a Memorandum of Understanding (MoU) with the Ministry of Petroleum and Natural Resources (MPNR) of Pakistan, to d

March 09, 2016

Chinese exports slump, outlook worrying

China's exports slumped more than expected in February, as weak global demand and seasonal factors added to pressure on the slowing economy, customs data showed on Tuesday.

March 09, 2016

PetroChina: investment decrease with 23% in 2016

PetroChina Production & Management Operation Department general manager Mr. Su said, amid the floor price of crude in 2015 and 2016, PetroChina cut the CAPEX and crude output in 2016 by 23%

March 09, 2016

Domestic oil product price index steadied

Domestic oil product price index steadied

March 09, 2016

Dongying Port new tank project with 348,000 cbm

Dongying Port new tank project with 348,000 cbm

March 08, 2016

BDI rose to 354 points in consecutive 17 days

On February 10th, 2016, BDI dropped below 300 and set a low record since 1991 when BDI was founded. Then, BDI remained the upward trend to 354 points on March 7th, 2016 with an increase of 2

March 08, 2016

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