The Annual Petroleum & Chemical Automation Technology & Equipment and Instrumentation Event
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Beijing International Petroleum & Chemical Automation Technology & Equipment and Instrumentation Exhibition

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BEIJING,CHINA

March 26-28,2026

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Industry News
The following is the news list page
23 2020-04

Oil rout looks to break shale’s global oil dominance

HOUSTON (Bloomberg) --A historic crash in crude prices is driving U.S. shale into full-on retreat with operators halting new drilling and shutting in old wells, moves that could cut output b.........

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22 2020-04

Oil price collapse spreading as June WTI futures drop 24%, Brent falls

LONDON (Bloomberg) --The meltdown in oil markets widened, with huge losses spreading beyond contracts affected by technical anomalies as the world runs out of places to store unwanted crude..........

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24 2020-03

Oil slips as OPEC-Texas agreement looks less likely

SINGAPORE (Bloomberg) - Oil dropped toward the lowest level since 2003 as prospects for a deal between OPEC and Texas to limit production appeared to fade, while a U.S. coronavirus rescue pa.........

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16 2020-01

Chinese imports of U.S. oil to pick up following Trump’s trade deal

NEW YORK (Bloomberg) - American crude oil shipments to China are poised to pick up again after the two economic superpowers signed a landmark trade deal. Under the terms of the agreement, U..........

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15 2020-01

Canadian gas prices rise after new pipeline rules dampen volatility

CALGARY (Bloomberg) - Canadian natural gas is trading at the highest price relative to U.S. benchmarks in about 10 months after producers cut back on drilling and a rule change on a key Albe.........

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14 2020-01

China’s top oil firm sees demand growth cut in half in 2020

BEIJING (Bloomberg) - The worlds biggest oil import market could see demand growth in 2020 of just half of last years levels as the trade wars ripple effects continue to be felt, according t.........

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13 2020-01

Oil set for biggest weekly loss since July as Mideast risk eases

SINGAPORE (Bloomberg) - Oil headed for its biggest weekly loss since July as the prospect of an immediate confrontation between the U.S. and Iran abated, allaying fears of disruption to Midd.........

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10 2020-01

Oil steadies after giving up gains from U.S.-Iran hostilities

SINGAPORE (Bloomberg) - Oil steadied after rapidly shedding all of its gains from the clash between the U.S. and Iran, as traders waited to see whether any further hostilities will disrupt e.........

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07 2020-01

Oil touches $70 as supply disruption fears grow

SINGAPORE (Bloomberg) - Oil extended its dramatic surge, surpassing $70 a barrel in London for the first time since September, as Middle East tensions flared after the U.S. assassinated one .........

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03 2020-01

OPEC output falls as Gulf nations step up delivery of oil cuts

LONDON (Bloomberg) - OPECs output declined last month as several Persian Gulf producers stepped up their implementation of cutbacks aimed at balancing global oil markets. Saudi Arabia, Iraq .........

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27 2019-12

Oil extends gains on U.S. inventory decline, trade deal optimism

SINGAPORE (Bloomberg) - Oil rose for a third session as an industry report showed American inventories shrank and as optimism over a partial U.S.-China trade deal grew. Futures rose as much .........

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25 2019-12

Saudi Arabia, Kuwait agree to resume oil output at shared fields

CAIRO (Bloomberg) - Saudi Arabia and Kuwait agreed to resume oil production in a shared border region more than four years after halting output. The agreement allows the resumption of oil pr.........

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24 2019-12

Oil steadies after biggest loss in three weeks on supply outlook

SINGAPORE (Bloomberg) - Oil steadied after the biggest decline in three weeks on Friday as Kuwait aimed to reach a deal with Saudi Arabia that will restore crude output along their border, a.........

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20 2019-12

Oil steadies at three-month high after surprise U.S. crude draw

NEW YORK (Bloomberg) - Oil steadied at the highest level since September after the U.S. government reported a surprise draw in crude inventories. Futures in New York hovered near $61 a barre.........

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18 2019-12

China breaks global record for oil imports, and the numbers are still growing

NEW YORK (Bloomberg) - China is breaking records for crude oil imports, and isnt likely to stop soon as new refineries ramp up and hopes grow that the easing of trade tensions with the U.S. .........

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