China
Liquefied Natural Gas , Natural Gas , Crude Oil
Midyear Outlook: Will Crude and Gas Prices Rebound This Year?
Volatility exists in every corner of the market, but demand is the real wild card.
Crude Oil , CCS/CCUS , Environmental , Social
SUPER DUG: North American Oil, Gas Key to Net Zero, VanLoh Says [WATCH]
At the SUPER DUG conference in Fort Worth, Texas, Quantum Energy's Wil VanLoh sat down with Hart Energy's Nissa Darbonne to talk investment prospects in oil and gas and the future of decarbonization.
Rig Counts , Crude Oil
What's Affecting Oil Prices This Week? (May 22, 2023)
Oil prices increased thanks to a number of factors, including the U.S. debt limit, increased inventories of commercial crude and decreased inventories in the Strategic Petroleum Reserve.
Markets
China's April Diesel Exports Decline Month-on-Month as Domestic Demand Recovers
Sinopec Corp. sees China's diesel and gasoline demand growing more in the second quarter than in the first three months of 2023.
Joint Ventures
Italy's Energy and China's Pylon Form European Lithium Battery JV
The companies JV comes just as global demand for lithium is expected to increase by 2050.
Crude Oil
IEA: Oil Price Downturn Ignores Looming Supply Crunch
The IEA raised its forecast for global oil demand to 102 MMbbl/d, noting that China's recovery after the lifting of COVID-19 curbs had surpassed expectations with the country’s demand reaching a record 16 MMbbl/d in March.
Rig Counts , Crude Oil
What's Affecting Oil Prices This Week? (May 15, 2023)
The price of oil is facing headwinds from several factors, including concerns about the U.S.' regional banking sector and the impending U.S. debt limit.
Markets
Chinese Data, US Debt Ceiling Worries Push Stocks Down
Data due on May 10 could cause a shift in current market pricing for U.S. rate cuts.
Exploration & Production
Drilling Underway for Deep Earth Well in China
Sinopec’s well has a depth of 9,472 m, which makes it the deepest oil and gas well in Asia.
Crude Oil
What's Affecting Oil Prices This Week? (May 1, 2023)
The price of Brent crude ended the week at $79.54 and the price of WTI ended the week at $76.51.