China's crude oil output fell 9.9 percent year on year in August, the biggest monthly drop since 2003 as refineries slashed production amid sluggish global oil prices, data from the National Bureau of Statistics showed Monday. Imports, on ...
Tags: crude oil, oil prices
US crude exports jumped to their highest level on record in May, coming in at 662,000 b/d, monthly data from the US Energy Information Administration showed Friday. Exports are up from 591,000 b/d in April and have been up steadily from ...
Tags: crude exports, US crude
Taiwan’s export orders in June continued dropping, but having showed positive signs to turn around soon. After a 15-month declining streak as of the end of June, Taiwan's overall export orders are likely to show growth in July at ...
China's export growth in yuan-denominated terms slowed to 1.2 percent year on year in May from 4.1 percent in April, customs data showed Wednesday. Imports grew 5.1 percent, significantly rebounding from a 5.7-percent decline in April, ...
Tags: China's export, Imports Rebound
New diesel technology will be part of a $23.6m zero-emission transportation test program in California for emerging commercial vehicle technologies designed to reduce greenhouse gases, smog, and petroleum usage in ports and rail yards along ...
IATA’s latest quarterly survey of airline CFO and heads of cargo points to further year-on-year gains in profitability during Q1 2016, following a record year in 2015. However, expectations of further gains in profitability over the ...
Tags: passenger volumes, Airlines
The United States is expected to be the most competitive manufacturing nation, moving China into the number two position by 2020, according to the 2016 Global Manufacturing Competitiveness Index report from Deloitte Touche Tohmatsu Limited ...
The plan to launch China's first crude oil futures contract is facing more roadblocks as the Shanghai International Energy Exchange, or INE, comes under government review, a senior official close to the matter said Monday. "The target ...
Tags: Crude Futures, Crude Oil
China's independent refiners nearly doubled their gasoil and gasoline production in January and output is expected to remain at high levels going forward as they maintain strong run rates, set up reformers, and continue to process light ...
Tags: independent refiners, gasoline
China retained its crown as the world's biggest shipbuilding nation in 2015, but with a 26% decline on year in newbuilding orders, chiefly due to "the abysmal state of the dry bulk market," Italian shipbroker Banchero Costa (Bancosta) said ...
Tags: Shipbuilding Sector, shipyards
With oil product stocks at moderate levels, Shandong's teapot refineries have kept refinery run rates relatively high, which is supporting demand for feedstock crudes, sources said this week. Regular importer Beifang Asphalt Fuel in ...
Tags: oil product, bitumen
Taiwan's leading machine-tool makers including AWEA and Goodway predict missed 2015 revenue targets.Taiwan's leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Kao Fong Machinery Co., Ltd., and ...
Tags: AWEA Mechantronic, Goodway Machine Corp, Processing Machinery
Crude prices have gone down nearly 30 percent this year, and analysts expect oil prices to remain low for even longer. Boon for consumers Lower oil prices are generally good for US consumers and the economy, said Jason Bordoff, ...
Tags: Oil Prices, Crude Oil
For drivers in the United States this year, it's been the gift that keeps on giving with low gasoline prices helping them saving money. The US national average for gasoline has dropped below 2 US dollars a gallon, the lowest price since ...
Tags: U.S.Gasoline Prices
The Iraqi Prime Minister has spoken highly of China's effort in helping the development of Iraq. Haider al-Abadi made the comment ahead of his first visit to Beijing, starting from today. "The relationship of China and Iraq has lasted ...