Oil prices are likely to remain in check during 2020 as OPEC+ production cuts are offset by higher output from other countries and a mixed outlook for demand. according to analysts.
Read More »China’s Biggest Subsidy-Free Solar Farm Powers Up in Liaoning
A unit of China’s State Power Investment Corp. has brought online a 500-megawatt solar farm in the northeastern province of Liaoning. the nation’s biggest subsidy-free solar project.
Read More »Kuwait Could Agree in Days With Saudis on Neutral-Zone Oil
Kuwait and Saudi Arabia could reach an agreement by the end of this year to renew oil output.
Read More »OPEC’s Rebel Makes Gesture of Atonement Ahead of New Oil Cuts
Iraq has been one of the weakest links since the OPEC+ alliance began in late 2016.
Read More »Aramco Stocks Give Up About Half of Gains Since Debut
Saudi Aramco shares extended their losses for a fourth session. reversing about half the gains accumulated from the rally following the company’s historic trading debut.
Read More »Popular Middle East Oil Falls From Favor on Cusp of IMO 2020
Once a highly sought-after grade of oil from the Middle East. Abu Dhabi’s Murban is falling out of favor as the world’s top refiners seek out other types of crude ahead of a historic ship-fuel overhaul.
Read More »US-China Trade Deal to Keep Oil Prices at $60 Range
JP Morgan Research expects the oil price to peak in the first three months of 2020.
Read More »Apple Has Secret Team Working on Satellites to Beam Data to Devices
The iPhone maker is ramping up hiring. hoping for the initiative to produce results within five years.
Read More »China Breaks Global Record for Oil Imports
The strength of U.S. oil imports in the mid-2000s created a political crisis.
Read More »Beijing Pushes for Removal of Foreign Tech in More State Offices
The Chinese government is taking further steps to remove foreign technology from state agencies and other organizations. a clear sign of determination for more independence amid escalating tensions with the U.S.
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