• 4 minutes Oil Price Could Fall To $30 If Global Deal Not Extended
  • 7 minutes Middle East on brink: Oil tankers attacked off Oman
  • 11 minutes CNN:America's oil boom will break more records this year. OPEC is stuck in retreat
  • 14 minutes The Latest: Iranian FM Says US Cannot Expect To ‘Stay Safe’
  • 8 hours The Pope: "Climate change ... doomsday predictions can no longer be met with irony or disdain."
  • 2 mins Ireland To Ban New Petrol And Diesel Vehicles From 2030
  • 6 hours US Shale Drilling lacks regulatory body.
  • 1 hour Solar Panels at 26 cents per watt
  • 16 hours Coal Boom in Asia is Real and a Long Trend
  • 12 hours The Plastics Problem
  • 1 hour Trudeau approves Trans Mountain Pipeline
  • 4 hours Huge UK Gas Discovery
  • 22 hours As Iran Nuclear Deal Flounders, France Turns To Saudi For Oil
  • 6 hours OPEC, GEO-POLITICS & OIL SUPPLY & PRICES
  • 5 hours Malaysia Oil & Gas Updates
  • 13 hours Why Is America (Texas) Burning Millions of Dollars Per Day Of Natural Gas?
  • 13 hours The Magic and Wonders of US Shale Supply: Keeping energy price shock minimised: US oil supply keeping lid on prices despite global risks: IEA chief

Breaking News:

Oil Stabilizes On Small Crude Draw

Russia Pushes Back Against “Freedom Gas”

Russia Pushes Back Against “Freedom Gas”

The global gas market has…

Are Oil Prices About To Bounce Back?

Are Oil Prices About To Bounce Back?

Money managers have gotten increasingly…

Is the Chinese Recovery for Real?

I still do not believe that the Chinese “recovery” is for real:

Chinese credit issuance surged to a record high in January on the back of a boom in shadow banking, stoking concerns that the economy could overheat.

Total new financing in January reached Rmb2.5tn ($400bn) – up more than 50 per cent from December and more than double the figure a year ago – eclipsing even the start of 2009 when China unleashed stimulus spending to battle the global financial crisis.

…The big increase in credit issuance stems from last year when China slouched to 7.8 per cent growth, its weakest in more than a decade. To revive the economy, the government stepped up the pace of infrastructure investment and gave a green light to banks to provide more funding, including through off-balance-sheet channels.

Click here to read the full article.



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News