As part of a deal signed in January, China committed to buy a total of $26.2 billion in energy products from the US this year
xi jinping
Coronavirus to slash Chinese LNG demand, US LNG tariff lift could save the day
A report by Rystad Energy found that while LNG demand out of China is expected to drop, it could increase LNG imports from the US as the phase-one deal is in effect
China to impose additional 5% tariff on US crude oil imports
The ongoing trade war has led to fears of a global recession, dampening oil prices
OPEC cuts forecast for oil demand growth in 2019
The change comes as the US-China trade war continues and economies slow
Oil prices stumble on geopolitical tensions, international trade disputes: IEA
The International Energy Agency says the future is uncertain as geopolitical tensions loom and oil demand growth estimates are cut back
Iran oil sanctions won’t push Brent past $80 in Q2: Gulf Intelligence
59% of respondents felt oil price movement would be determined by OPEC+ and whether it extends output cuts
Oil price climbs almost 5% after Saudi-Russia agreement, US-China truce
The price of Brent crude started recovering from a sharp drop in November, jumping 4.7% in the past week
Sheikh Mohammed bin Rashid, Sheikh Mohamed bin Zayed and China’s President Xi witness signing of ADNOC-CNPC deal
The agreement, between ADNOC and China National Petroleum Corporation outlines opportunities for possible future collaboration across ADNOC’s upstream and downstream value chains and support for China’s growing energy needs.