China eyes oil shake-up with new crude contract

China is seeking to assert its growing influence on global oil markets with a yuan-denominated crude futures contract expected to be launched this year. At the same time, analysts warn that the second-largest oil consumer after the United States will struggle to compete with more established benchmarks such as London’s Brent North Sea crude and New York’s WTI.

TheCitizen

Habari Zinazoendana

5 years ago

Financial Times

30 Mar

US crude oil price falls below $20

US crude oil price falls below $20  Financial TimesOil Plummets to 17-Year Low as Broken Market Drowns in Crude  BloombergCrude oil futures slide as pandemic darkens demand outlook  CNBCWhy Saudi Arabia is likely to blink first in oil price war with Russia  South China Morning PostWelcome to a Truly Free Oil Market  BloombergView Full coverage on Google News

 

5 years ago

Bloomberg

12 Apr

Saudis Delay Crude Pricing Decision as Oil-Cut Talks Drag On

Saudis Delay Crude Pricing Decision as Oil-Cut Talks Drag On  BloombergU.S. senators hold call with Saudi officials urging them to put oil cut in motion  ReutersOPEC and G20 Meeting Outcome Increases Instability in the Oil Market  FX EmpireThe U.S.-Saudi-Russia Oil Cease-Fire Won’t Last  BloombergOPEC+ and the G-20 Say ‘Yes' To Duress  BloombergView Full coverage on Google News

 

5 years ago

CNBC

01 Apr

Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn

Oil prices could soon turn negative as the world runs out of places to store crude, analysts warn  CNBCUS crude up by 2.9%, at $20.68 a barrel | Oil prices | US Crude Oil | World News  WIONThe Inevitable Collapse Of Global Oil Production  OilPrice.comThe Other Emergency Is Crashing Oil Prices  ResilienceThe Oil Price War Pits Efficiency Against Security  ForbesView Full coverage on Google News

 

5 years ago

UrduPoint News

21 Feb

US Works on Sanctions Enforcement to Halt China From Importing Iranian Crude - Envoy

US Works on Sanctions Enforcement to Halt China From Importing Iranian Crude - Envoy  UrduPoint News

 

9 years ago

TheCitizen

07 Sep

Somalia signs oil contract with Norway’s Spectrum

Ministry of Petroleum outlined the terms of the agreement

 

10 years ago

Bongo5

27 Dec

New Video: Msami — Shake Shake

Hii ni video mpya kutoka kwa Msami wimbo unaitwa “Shake Shake” video imeongozwa na Aby kaz

 

10 years ago

TheCitizen

25 Apr

China eyes ATCL, port and railway projects

China yesterday announced that it was targeting three major sectors that would attract billions of dollars as Beijing seeks to establish its economic ties with Dar es Salaam and other resource-rich African nations.

 

11 years ago

BBC

China's oil fears over South Sudan fighting

China's fears over its South Sudan oil investments

 

10 years ago

Vijimambo

PRESIDENT KIKWETE VISITS CHINA OIL COMPANY HQ IN BEIJING

President Dr.Jakaya Mrisho Kikwete visits China National Offshore oil Corporation CNOOC headquarters in Beijing this afternoon. President Kikwete is in China for a working visit. Photo by Freddy Maro

 

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