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2019-07-03 11:30:00

U.S., CHINA TENSIONS

U.S., CHINA TENSIONS

PLATTS - President Trump's decision to postpone the levying of additional tariffs on Chinese imports marks a positive development for the US oil and gas industry, but more needs to be done to resolve the adverse impacts that have already occurred as a result of the ongoing trade war, industry advocates said.

"We are encouraged to see progress in US-China trade negotiations," Aaron Padilla, American Petroleum Institute's senior advisor for international policy, said in a statement.

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Earlier:

U.S., CHINA TENSIONS
2019, July, 1, 11:25:00
U.S., CHINA TRADE: $300 BLN
The re-opening of trade negotiations between the US and China also opens the door for the easing of trade tensions and potential removal of tariffs on a range of commodities including LNG, LPG, soybeans, metals and petrochemicals.
U.S., CHINA TENSIONS
2019, June, 27, 18:25:00
CHINA'S IMPORTS TO U.S. : $300 BLN
“Imposing tariffs on the remainder of U.S. imports from China will put undue strain on the supply chains of the natural gas and oil industry that enable the delivery of reliable and affordable energy to American families and businesses,” said Dr. Aaron Padilla, API’s Senior Advisor for International Policy.
U.S., CHINA TENSIONS
2019, June, 27, 18:10:00
U.S. GDP UP 3.1%
Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the first quarter of 2019 , according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent.
U.S., CHINA TENSIONS
2019, June, 26, 14:00:00
U.S. OIL TO CHINA UP
Over January-May, China imported 2.7 million mt of LNG from Malaysia, up 32% year on year, the customs data showed.
U.S., CHINA TENSIONS
2019, June, 25, 12:50:00
U.S. FINANCIAL RISKS UP
In addition, a number of medium-term risks are growing. The financial system appears healthy but vulnerabilities in leveraged corporates and, potentially, in the nonbank system are elevated by historical standards. An abrupt reversal of the recent supportive financial market conditions or a deepening of ongoing trade disputes represent material risks to the U.S. economy, with concomitant negative outward spillovers. The U.S. public debt-to-GDP ratio is on an unsustainable path and is expected to continue rising throughout the medium-term, as aging related spending rises.
U.S., CHINA TENSIONS
2019, June, 24, 12:10:00
6 UNDERVALUED ENERGY STOCKS ANEW
Let’s see which companies are still undervalued and which ones are out of my radar. Some of them reached their fair value and some other stopped to satisfy my parameters.
U.S., CHINA TENSIONS
2019, June, 21, 09:35:00
U.S. CURRENT-ACCOUNT DEFICIT DOWN TO $130.4 BLN
The U.S. current-account deficit decreased to $130.4 billion (preliminary) in the first quarter of 2019 from $143.9 billion (revised) in the fourth quarter of 2018, according to statistics released by the Bureau of Economic Analysis (BEA). The deficit was 2.5 percent of current-dollar gross domestic product in the first quarter, down from 2.8 percent in the fourth quarter.
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Tags: USA, CHINA, TRADE
Chronicle:
U.S., CHINA TENSIONS
2020, October, 27, 14:24:00
TANK FARMS AND OIL TERMINALS IN RUSSIA, CONFERENCE AND EXIBITION
We are glad to announce that the 15th Technical Conference Tank Farms and Oil Terminals: from Advanced Design to Operational Excellence 2020 is now open. The event will take place on 12-13 November 2020, in Saint-Petersburg.
U.S., CHINA TENSIONS
2020, October, 27, 14:20:00
GLOBAL INVESTMENT DOWN BY 49%
Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020,
U.S., CHINA TENSIONS
2020, October, 27, 14:15:00
JAPAN'S CARBON NEUTRALITY 2050
Japan’s previous objective was to become carbon neutral after 2050.
U.S., CHINA TENSIONS
2020, October, 27, 14:10:00
ISRAEL'S RENEWABLE TARGET $24 BLN
This target follows an ILS80bn (US$24bn) plan unveiled in June 2020 and aimed at increasing the share of solar in the power generation to 30% by 2030,
U.S., CHINA TENSIONS
2020, October, 27, 14:05:00
NOV VARCO NET LOSS $55 MLN
National Oilwell Varco, Inc. (NYSE: NOV) today reported third quarter 2020 revenues of $1.38 billion, a decrease of seven percent compared to the second quarter of 2020 and a decrease of 35 percent compared to the third quarter of 2019.
U.S., CHINA TENSIONS
2020, October, 26, 14:05:00
OIL PRICE: NEAR $41
Brent was down $1.08, or 2.6%, at $40.69 a barrel, WTI dropped $1.05, or 2.6%, to $38.80.
U.S., CHINA TENSIONS
2020, October, 26, 14:00:00
U.S. SHALE SURVIVORS
The sector is in full-on merger mode in response to oil prices that have been stuck at around $40 a barrel in recent months after the Covid-19 pandemic hit global demand.
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