Saturday, October 18, 2025
China vows to protect its firms amid fresh US oil sanctions barrage- oil and gas 360

China vows to protect its firms amid fresh US oil sanctions barrage

(Oil Price)– China vowed on Friday to protect the rights and interests of Chinese companies after the U.S. unleashed on Thursday a new sanctions package on Chinese entities for importing crude oil from Iran. The U.S. Treasury on Thursday blacklisted around 100 individuals, vessels, and companies—including China’s Shandong Jincheng Petrochemical Group, a Shandong teapot refinery accused of buying millions of barrels of

Oil falls on U.S.-China tensions over Hong Kong- oil and gas 360

Oil falls on U.S.-China tensions over Hong Kong

CNBC Oil prices fell on Wednesday after U.S. President Donald Trump said he was working on a strong response to China’s proposed security law in Hong Kong. A potential deterioration in relations between the world’s two biggest economies could ratchet up the pressure on global businesses and oil demand already weakened by the coronavirus pandemic. Brent crude fell $1.69, or 4.7%,

Xi Has Few Good Options After Trump’s Ultimatum on G-20 Meeting - Oil & Gas 360

Will 2019 be Remembered for Layoffs in Global Economy?

Asia, Europe could be hit hardest — corporations across multiple sectors worldwide tightening their belts, cutting workforces From Asia Times In a speech that displayed an uncharacteristic level of bearishness, Hong Kong’s richest billionaire tycoon Li Ka-shing has warned of a global economic slowdown in 2019. Hong Kong’s richest man, who stepped down last year from his sprawling conglomerate with