Tag Archives: Market

In the U.S.. nuclear power plants come under pressure from competition from low natural gas prices.

A growing number of former Apple devotees in China started switching from iPhones to domestic Huawei smartphones as trade and technology tensions escalate between Washington and Beijing.

The oil and petrochemical trading floor of Iran Mercantile Exchange will play host to offering of over 18.000 tons of polymer and chemical materials on Saturday.

Sempra has said it hopes to reach a final investment decision by early 2020.

US oil production ticked up slightly for week ending May 17. coming in at 12.2 million bpd- just 100.000 bpd off the April 26 high of 12.3 million bpd.

The U.S.-China relationship has moved further off track over the past two weeks.

Commercial crude oil inventories in the U.S. increased by 4.7 million barrels. or 1%. to 476.8 million barrels for the week ending May 17.

Crude inventories rose 4.7 million barrels in the week ended May 17. compared with analysts'. expectations for a decrease of 599.000 barrels.

United States stock markets were lower on Monday as a US crackdown on China'.s Huawei Technologies raised concerns of a bigger impact on chipmakers and stoked fears of an escalation in the trade war between the world'.s two largest economies.

Iranian Oil Minister Bijan Namdar Zanganeh said that the Supreme National Security Council (SNSC) has tasked the Foreign Ministry with holding talks with European countries on Tehran’s oil exports to the bloc.