A port worker assists with the docking of an LNG container ship at China National Offshore Oil Corp's terminal in Tianjin. [Photo by Jia Lei/For China Daily] SHANGHAI -- China's comprehensive import price index for liquefied natural gas (LNG) rose last week, according...
view more >Workers dock a pipe onto an oil tanker at a port in Dalian, Liaoning province, on April 8. [Photo/Xinhua] China's crude oil imports soared to an all-time high in May, a reflection of a recovery in energy with demand getting back on track in the world's second-largest ...
view more >The collapse of West Texas Intermediate oil price below zero may repeat as Saudi Arabia and Russia may restart a new round of price war in the oil markets, Russian experts warn. The WTI, also known as Texas light sweet, is a grade of crude oil used as a benchmark in o...
view more >Nearly one month into the oil price war between Saudi Arabia and Russia, there is still no sign of an early resolution, which bodes ill for a world economy already battered by the novel coronavirus pandemic. An emergency meeting between the Organization of Petroleum E...
view more >Crude oil benchmarks fell sharply on Monday, with the Brent Crude hitting its lowest point since November 2002 as the novel coronavirus pandemic intensified and the Saudi Arabia-Russia oil price war showed no signs of abating. Saudi Arabia said on Friday that it was n...
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