Tag Archives: China

The tariffs undermine Trump'.s drive to use US shale oil and natural gas to turn the US into a global energy leader.

The tariffs are likely to limit economic activity in both China and the United States.

Crude prices were under pressure after the US announced a fresh round of tariffs on $200 billion worth of Chinese goods Monday.

In the Permian Basin. the US'. most active oil and gas producing area. the rig count fell by one to 483.

Most Chinese oilfields can break even with oil at $70 per barrel.

Over a decade. oil-for-loan agreements helped China secure energy supplies for its fast-growing economy.

China remains Dubai’s top trading partner in 2017 with $48 billion in non-oil bilateral trade.

Chinese state majors increased production because of the rising oil prices.

This agreement concerns large oil and gas projects in eastern and western Siberia.

Iran’s key customers in Asia—no.1 China and no.2 India—are not expected to cut off their imports of Iranian oil.