Oil Producers Retreat From China

Global oil companies are unwinding some big bets they made on China—and that is bad news for the Chinese companies, which need their know-how.

Sections:  world   business   
BING NEWS:
  • Trans Mountain pipeline is the latest boon to oil and gas stocks, but investors aren’t sold
    Investors have pulled a net of $259-million out of energy exchange-traded funds so far this year, which is on track to surpass last year’s outflow of $505-million, data shows ...
    05/5/2024 - 8:28 am | View Link
  • Fear surrounds China’s next big move as they gather reserves
    China’s almost ready. Its first aircraft carrier capable of going toe-to-toe with the US embarked on its first sea trials this week. Its combat jets are circling Taiwan daily in ever-growing numbers.
    05/4/2024 - 8:46 am | View Link
  • Best Suffolk producer and food/drink experience recognised at awards
    Fen Farm Dairy and Husk won the Best Suffolk Producer and Food/Drink Experience awards at the Suffolk Food and Drinks Awards 2024.
    05/3/2024 - 10:00 pm | View Link
  • Australia has a new food capital
    On the way from Ballina airport to our accommodation in Byron Bay, a swishly repurposed 1970s roadside motel called Swell, our Uber driver insists on a detour. “Let’s take the scenic route,” he ...
    05/3/2024 - 12:30 pm | View Link
  • Hedge funds retreat from oil as war risk fades
    Investors sold oil at the fastest rate for more than six months amid signs that Israel and Iran have chosen not to escalate their conflict, ensuring the rally in crude prices stalled well before ...
    04/29/2024 - 1:00 pm | View Link
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