If the China-U.S. trade war continues to grow larger. it may cause the global economy to decline. and may cause a global financial crisis.
Read More »China Targets FedEx in Warning to U.S
China targeted FedEx Corp. in its escalating trade war with the U.S.. giving a hint of the kind of foreign companies it may blacklist as unreliable.
Read More »Chevron Seeks Relief from Trump`s Venezuela Oil Sanctions
Chevron Corp. is lobbying the U.S. for sanctions relief so it can continue doing business in oil-rich Venezuela.
Read More »Why Google Has a Target on Its Back in Washington
The U.S. Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to ensure fair competition.
Read More »Total Takes on Toshiba`s U.S. LNG Business after Chinese Buyer Pulls Out
Total will take over Toshiba’s U.S. liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal.
Read More »Oil Prices Flat On Minor Crude Draw
Amid the ongoing fears of an escalating trade war between China and the United States. the Energy Information Administration countered the price decline potential of the China factor.
Read More »Why Oil Majors Are Going All-In On U.S. Shale
Chevron sold off much of its assets in the North Sea. no longer viewing the region as a high priority.
Read More »Why Trump Won`t Use His Ultimate Oil Weapon
Last year. ahead of the return of U.S. sanctions against Iran. there was speculation that Washington could use crude oil from the U.S. Strategic Petroleum Reserve to cushion the blow.
Read More »OPEC Oil Output Set For Drop Despite Saudi Production Boost
OPEC’s oil production dropped to a 2015 low of 30.17 million bpd in May.
Read More »US Crude Oil Production Records High In March
U.S. monthly output peaked at 11.966 million bbl d in December.
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