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Tag: crude

U.S. oil imports, exports down last week

wangxiao04/05/20240

HOUSTON, April 3 (Xinhua) — U.S. crude oil imports and exports decreased during the week ending March 29, the U.S. Energy Information Administration (EIA) said on Wednesday.
U.S. crude oil imports av

China\’s annual refining capacity ranks first globally in 2023

wangxiao03/02/20240

BEIJING, March 2 (Xinhua) — China\’s annual oil refining capacity rose to 936 million tonnes in 2023, ranking first in the world, a report said.
China\’s oil consumption was about 756 million tonnes la

U.S. crude oil inventories up last week: API

wangxiao12/27/20230

HOUSTON, Nov. 14 (Xinhua) — The American Petroleum Institute (API) on Tuesday reported an increase of 1.335 million barrels of crude oil in U.S. inventories for the week ending Nov. 10.
Analysts were

China announces total amount of non-state crude oil imports permitted for 2024

wangxiao12/27/20230

BEIJING, Oct. 28 (Xinhua) — Non-state companies in China will be permitted to import a total of 243 million tonnes of crude oil in 2024, the same amount as is permitted this year, the Ministry of Com

US politicians need to cleanse their hearts of \’evil\’ thoughts: Global Times editorial

wangxiao10/25/20230

In a recent media interview, Mitch McConnell, the US Senate Minority Leader (Republican Party), referred to China, Russia, North Korea and Iran as the \”new axis of evil\” and stated that they pose a di

UN Security Council extends ban on illicit oil export from Libya

wangxiao10/20/20230

Representatives vote on a draft resolution during a UN Security Council meeting at the UN headquarters in New York, on Oct. 19, 2023. The UN Security Council on Thursday adopted a resolution to extend

Hezbollah leader says U.S. \”root\” of all problems in Middle East

wangxiao08/04/20230

JERUSALEM, Aug. 3 (Xinhua) — Sayyed Hassan Nasrallah, the leader of Lebanon\’s Hezbollah group, said on Thursday that the United States is the \”root\” of all the problems in the Middle East, Israeli me

Oil prices pick up on U.S. inflation slowdown

wangxiao07/13/20230

NEW YORK, July 12 (Xinhua) — Crude oil futures prices extended gains on Wednesday thanks to optimism from cooling down in U.S. inflation and less worries on impacts of monetary tightening.
The West T

Oil prices gain on improving demand outlook

wangxiao06/17/20230

NEW YORK, June 16 (Xinhua) — Crude oil futures prices extended gains on Friday due to improvement in oil demand outlook.
The West Texas Intermediate (WTI) for July delivery added 1.16 U.S. dollars, o

Shanghai makes steady progress in building global financial center

wangxiao06/15/20230

Shanghai has made new breakthroughs in building itself into a global financial center over the recent decade, with surging financial transaction volumes, an improved market structure and constantly st

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