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Iraq has decided against signing an oil-supply deal with a Chinese state company that would’ve seen the cash-strapped Arab nation get about $2 billion upfront, according to its oil minister.
The West Texas Intermediate Crude Oil market has fallen again during the trading session on Friday as it appears that Texas energy companies are going to come.
OPEC and U.S. oil companies see a limited rebound in shale oil supply this year as top U.S. producers freeze output despite rising prices, a decision that would help OPEC and its allies.
The big fear for Chinese investors is that the People’s Bank of China (PBOC) would start to drain liquidity sooner than the U.S. Fed.
India's crude oil processing registered its second straight year-on-year gain in January, while hitting a more than one-year high, as fuel demand improved on the back of a gradual increase in ...