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Latest China, Taiwan & Hong Kong Crude Oil News

  • World Bank and IMF Policies Caused Food Crisis 13 May 2008 21:46 GMT
    ... changed food habits in up-and-coming countries like China are cited as important reasons. However one of ... largest state sectors water, telecommunications, electricity and crude oil. Rwanda and Central American Honduras faced similar demands. Nicaragua had ...

  • Asia Round Up -- Chinese Retail Sales Up, Malaysian Industrial Output Growth slows 13 May 2008 21:45 GMT
    ... Asia Round Up -- Chinese Retail Sales Up, Malaysian Industrial Output Growth slows ... of Statistics reported that retail sales in China jumped 22% year-on-year to 814.2 billion yuan ... to the increase in the index of crude oil. However, the electricity index eased 1% year-on-year, ...

  • Oil slips as IEA cuts demand forecast 13 May 2008 21:39 GMT
    ... | Last updated: May 13 2008 21:18 Crude oil came within touching distance of $127 a ... there would be any short-term shift in Chinese and Middle East demand, the two key growth ... the earthquake which hit Sichuan province in China on Monday. Zinc spiked 6.1 per cent ...

  • By 2020, natural gas demand will top 200 billion cubic meters 13 May 2008 21:35 GMT
    ... www.chinaccm.com/4s - announces that a new market research ... new market research report related to the Chinese nature gas industry is available in its ... Go to www.chinaccm.com/4s ChinaCCM.com Andy, +86 13520342496 Beijing, China ...

  • As a pillar industry in the national economy, China's petroleum industry faces unprecedented opportunities and 13 May 2008 21:35 GMT
    ... www.chinaccm.com/4s - announces that a new market research ... new market research report related to the Chinese Petroleum Industry is available in its catalogue. ... Go to www.chinaccm.com/4s ChinaCCM.com Andy, +86 13520342496 Beijing, China ...

  • China Teams Up with Venezuela to Produce, Refine Heavy Oil 13 May 2008 21:24 GMT
    ... China National Petroleum Corp. (CNPC), China's largest oil ... Under agreements signed by both companies during Chinese Vice Premier Hui Liangyu's visit to Venezuela last ... China will refine 20 million tonnes of crude oil from Block Junin 4 annually. CNPC will ...

  • Reliance Industries stock falls by 2.08% 13 May 2008 21:19 GMT
    ... The Asian markets were trading higher barring China's Shanghai Composite which fell 1.84 per cent on ... Nikkei was up 1.53 per cent and Taiwan Weighted managed to gained 1.81 per cent. ...

  • BUYINS.NET: ASX, BSY, WNR, RIV, ADEP, GERS Have Been Removed From … 13 May 2008 21:17 GMT
    ... and other applications. It has operations in Taiwan, Korea, Malaysia, Singapore, Japan, the People's Republic of ... Malaysia, Singapore, Japan, the People's Republic of China, the United States, Austria, Belgium, and Germany. The ... through its subsidiaries, operates as an independent crude oil refiner and marketer of refined products. The ...

  • Oil Prices Drop as Inventory Expands 13 May 2008 21:14 GMT
    ... partly to expectations that Monday's earthquake in China would result in a temporary drop in demand. ... to $11.32 per 1,000 cubic feet. June Brent crude fell 96 cents to $121.95 a barrel on the ICE ...

  • Crude Oil Drops 13 May 2008 20:52 GMT
    ... York. New York’s main oil futures contract, light sweet crude for June delivery, was 37 cents lower at USD ... in accordance with the rising demand in China, OPEC’s denial to rise the daily production and ...

  • Oil prices rise after brief drop 13 May 2008 20:43 GMT
    ... on concerns that Iran may consider cutting crude oil production. Gas prices, meanwhile, rose to a ... percent. Energy investors are also concerned about China, which recently reported a drop in crude imports. ... per 1,000 cubic feet. In London, June Brent crude futures rose $1.19 to settle at $124.10 ...

  • BUYINS.NET: ASX, BSY, WNR, RIV, ADEP, GERS Have Been Removed From Naked Short List Today 13 May 2008 20:28 GMT
    ... and other applications. It has operations in Taiwan, Korea, Malaysia, Singapore, Japan, the People's Republic of ... Malaysia, Singapore, Japan, the People's Republic of China, the United States, Austria, Belgium, and Germany. The ... through its subsidiaries, operates as an independent crude oil refiner and marketer of refined products. The ...

  • Oil falls below $124 after IEA demand downgrade 13 May 2008 20:18 GMT
    ... highs the previous day. A decline in China's oil imports in April, the first year-on-year ... going to be demand destructive." China's April crude oil imports fell by 3.9 percent from a ... of 4.07 million bpd in March, official Chinese data showed. The market has kept a close ...

  • Oil prices drop below US$124 a barrel on profit-taking 13 May 2008 20:18 GMT
    ... partly to expectations that Monday's earthquake in China would result in a temporary drop in demand. ... to US$11.325 per 1,000 cubic feet. June Brent crude fell 50 cents to US$122.41 a barrel on the ICE ...

  • Futures Movers: Oil futures edge down as U.S. dollar rallies 13 May 2008 20:15 GMT
    ... prices are up more than 3 times crude oil today on a per barrel basis." The June futures price for ... ones in oil for now, analysts said. "China's [oil] demand may be curtailed temporarily as a ...

  • Net Exports, Oil Imports, and Their Implications for GDP 13 May 2008 20:14 GMT
    ... due to two things - oil and China. Of this: Once China's currency creeps up ... of GDP. On (1), I wonder if Chinese revaluation unaccompanied by rest-of-developing-Asia currency appreciation will effect ... 2000=1.0 (blue), and price per barrel of West Texas Intermediate. May 12 observation (red square). Sources: BEA/Census, ...

  • Swan's $55bn working family... 13 May 2008 19:57 GMT
    ... next four years. A new tax on crude oil excise condensate from petroleum fields in the North West ... that robust growth in emerging economies, particularly China and India is expected to drive further large ...

  • Oil prices slide for second day Tuesday 13 May 2008 19:49 GMT
    ... PM NEW YORK, May 13 (UPI) -- Crude oil prices climbed steadily Tuesday as investors returned ... commodity boom, pushed by rising demand in China and other emerging markets, industry analysts say. ... Published: May 13, 2008 at 7:01 AM BEIJING, May 13 (UPI) -- Inflation surged last ...

  • DTN Early Word Grains 05/13 06:05 13 May 2008 19:31 GMT
    ... a variety of markets Monday, most notably crude oil and corn. The overnight session saw crude ... Soybean futures at the Dalian Commodity Exchange (China) are higher. Malaysian palm oil prices are mixed. ... 1.53 percent gain. The dollar is mixed. Brent crude is down $0.25 at $121.77. Overnight June ...

  • Swan's $55bn working family windfall 13 May 2008 19:30 GMT
    ... next four years. A new tax on crude oil excise condensate from petroleum fields in the North West ... that robust growth in emerging economies, particularly China and India is expected to drive further large ...

  • Price of gas up almost 20 cents in week: Speculation on oil costs fuels increase 13 May 2008 19:29 GMT
    ... global economic pressures continued to support high crude oil prices. In Michigan, gas was 19.2 cents ... funds and other investors are bidding up crude-oil prices in anticipation of even higher prices. ... cashed in profits and an earthquake in China raised the possibility of a drop in demand. ...

  • Asian stocks close mostly up as oil price eases 13 May 2008 19:27 GMT
    ... oil prices from record levels, but the Chinese market slipped back in the wake of ... Wall Street on Monday. Hong Kong and Taiwan both rose nearly two percent, while South ... it could drive up food prices in China even more and set back efforts to ...

  • Iran and Sri Lanka 13 May 2008 19:13 GMT
    ... mill. Iran is the sole supplier of crude oil for the only refinery in Sri Lanka in Sapugaskanda. The oil ... Iran is oil, where countries such as China and Pakistan are concerned it is the military ...

  • Bernanke: Financial turmoil in markets easing 13 May 2008 19:11 GMT
    ... on concerns that Iran may consider cutting crude oil production. Gas prices, meanwhile, rose to a ... percent. Energy investors are also concerned about China, which recently reported a drop in crude imports. ... $11.585per 1,000 cubic feet. In London, June Brent crude futures rose $1.18 to $124.09 a barrel ...

  • Oil rises towards $125 after earlier dip 13 May 2008 19:08 GMT
    ... after striking a record $126.98 earlier. London Brent crude rose $1.10 to $124.01 a barrel. President Mahmoud Ahmadinejad said ... in oil imports by No. 2 consumer China in April, the first year-on-year drop in 18 months, ...


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