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Post Tagged with: "Asian markets"

Source: Reuters

Saudi Arabia gets physical with Russia in underground oil bout

Reuters

MOSCOW – Behind a Saudi-Russian truce to stabilise oil markets with a record output cut, market players are seeing the two production heavyweights still trading blows in the physical market.

It is here, rather than in the world of …

April 20, 2020 - 2:00 pm — Closing Bell Story‎, Commodity Pricing, Crude Oil News, Energy News, OPEC
Venezuela Begins Expansion of Crude Joint Venture with China

Venezuela Begins Expansion of Crude Joint Venture with China

From Reuters

A Venezuelan oil joint venture with a state-owned Chinese company has started an expansion project to boost output to 165,000 barrels per day (bpd), President Nicolas Maduro said on Thursday, from a current capacity of 110,000 bpd.

Sinovensa, …

August 9, 2019 - 6:02 am — China, Closing Bell Story‎, Crude Oil News, Energy News, International, Politics & Opinions, Trade