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Crude Oil - Wood Mackenzie: China’s crude reserves to reach 1.15 billion bbl

23-03-2020 04:05

Wood Mackenzie’s latest analysis has revealed that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion bbl in 2020, equivalent to 83 days of oil demand ...

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US in lockdown: The biggest threat to the oil industry ever?

Oil Demand Set to Crash While Saudi Arabia and Russia gear up to flood the world with crude oil, demand for oil is falling off sharply. At first, the world was freaking out about a slowdown in oil ...

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Factbox: Global oil, gas producers cut spending after crude price crash

(Reuters) - Oil and gas companies are cutting spending plans in response to the new coronavirus and a push by Saudi Arabia and Russia to ramp up output. International benchmark prices have more than ...

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Coronavirus: Oil revenue to drop 53% to US$743m

Based on the average price prediction of US$40 per barrel for crude oil in 2020, Ghana could realize US$743 million from crude oil sales this year, the African Centre for Energy Policy has projected.

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Wood Mackenzie: China's crude reserves could reach 1.15 billion bbl this year

Wood Mackenzie’s latest analysis reveals that China’s crude stock (including strategic and commercial petroleum reserves) could reach 1.15 billion bbl in 2020, equivalent to 83 days of oil demand.

Read More »