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President Donald Trump’s latest salvo in his trade war with China is a direct hit on a portion of the oil and gas industry that could more broadly damage his plans to boost U.S. fossil fuels.
Shale Drillers in Permian Basin Face Up to the Prospect of Peak Output. A key data release may underline how the US oil industry is reining in production growth in response to lower prices.
An oil port at Ras Tanura, Saudi Arabia, in 2018. The kingdom and seven other members of the OPEC Plus oil cartel will ramp up oil production by 411,000 barrels a day in July.
Eight key members of the Organization of the Petroleum Exporting Countries and its partners, led by Saudi Arabia, are due to hold a video conference on Saturday to discuss output policy.
China’s declining steel demand is sweeping through related markets, with prices of the coking coal and coke used in blast furnaces plunging to their lowest since 2016.
Canada, the world’s fourth-largest crude producer, has long seen its energy output threatened by wildfires that rage through the dense forests of northern Alberta in spring and summer. In 2016, a ...
Factory output in China grew at a faster rate than expected last month, official data showed Monday, weathering a brutal trade war with Washington. July 10, 2022. News. Global Nation.
The new results are significant improvements over the historic experiment in 2022, which was the first controlled fusion reaction to generate more energy than it consumed.. The 2022 shot generated ...
Factory output dropped 0.4% last month after an upwardly revised 0.4% gain in March, the Federal Reserve said on Thursday. Economists polled by Reuters had forecast production would slip 0.2% ...
MANILA, Philippines — After three straight quarters of contraction, the country’s agricultural sector managed to grow in the first quarter this year on the back of a rebound in the crops ...
According to Milwaukee, the M12 5.0 High Output battery delivers 25% more power and runtime than other batteries in the M12 system, as well as 25% cooler operation. It also claims that the M12 6.0 ...
Eight OPEC+ members to hike output by 411,000 bpd in May; Oil market had expected May hike of 135,000 bpd; Decision may force compliance laggards to step up, analyst says ...