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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
2019, October, 16, 12:35:00
ADNOC, LUKOIL COOPERATION
The Abu Dhabi Government and the Abu Dhabi National Oil Company, ADNOC, have awarded to a subsidiary of the Russian listed PJSC Lukoil Oil Company, LUKOIL, a five percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma and other offshore sour gas fields in the Emirate of Abu Dhabi. At the same time, ADNOC, LUKOIL, and the Management Company of Russian Direct Investment Fund, RDIF, signed a framework agreement to explore potential future cooperation in relation to the Ghasha concession.
U.S., CHINA TENSIONS
2019, October, 16, 12:30:00
U.S. PRODUCTION: OIL + 58 TBD, GAS + 319 MCFD
Crude oil production from the major US onshore regions is forecast to increase 58,000 b/d month-over-month in October from 8,913 to 8,971 thousand barrels/day, gas production to increase 319 million cubic feet/day from 83,693 to 84,012 million cubic feet/day .
U.S., CHINA TENSIONS
2019, October, 16, 12:20:00
U.S. OIL FOR S.KOREA DOUBLED
South Korea's crude oil imports from the US in September more than doubled from a year earlier, while intakes of Saudi crude dropped 17.6% year on year due to the September 14 attacks on Saudi's major oil facilities,
U.S., CHINA TENSIONS
2019, October, 16, 12:15:00
NORWAY'S SEPTEMBER PRODUCTION 1.574 MBD
Norway's preliminary production figures for September 2019 show an average daily production of 1 574 000 barrels of oil, NGL and condensate, which is a decrease of 86 000 barrels per day compared to August.
U.S., CHINA TENSIONS
2019, October, 16, 12:10:00
IMF: THE GLOBAL ECONOMY SLOWDOWN
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.
U.S., CHINA TENSIONS
2019, October, 16, 12:05:00
HUNGARY'S GROWTH ABOVE 4%
Hungary's economy is expected to finish 2019 on a strong footing, growing well above 4 percent.
U.S., CHINA TENSIONS
2019, October, 16, 12:00:00
SERBIA'S GDP UP 4%
Hungary's economy is expected to finish 2019 on a strong footing, growing well above 4 percent.
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