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Why China’s Oil Production Keeps Growing Despite Lower Oil Prices

Oil & Gas‚ Oil and Gas Industry | intent | September 2, 2025 | Comment off

Over the past couple of years, China’s oil industry has revealed a peculiar trend, with production maintaining an upward trajectory that seems to defy falling oil prices. Under normal circumstances, oil and gas producers tend to cut back output whenever prices fall too much in a bid to cut their losses. For instance, several U.S. shale producers are signaling production cuts due to low oil prices: back in May, Diamondback Energy (NASDAQ:FANG) chair and CEO Travis Stice warned that the Shale Patch had reached a “tipping point” with production set to decrease going forward amid low oil prices.

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Oil Rises as Ceasefire Hopes Fade

Oil & Gas‚ Oil and Gas Industry | intent | August 19, 2025 | Comment off

Trump said after his talks with Vladimir Putin in Alaska on Friday that he would urge Zelensky to make a quick deal and sounded receptive to the Russian leader’s demand that Ukraine give up large swathes of land. But in a show of support for Ukraine, leaders including European Commission President Ursula von der Leyen, French President Emmanuel Macron and NATO Secretary-General Mark Rutte joined the high-stakes meeting in Washington.

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Oil Prices Slide Further on Prospect of Peace in Ukraine

Oil & Gas‚ Oil and Gas Industry | intent | August 19, 2025 | Comment off

“Betting markets aren’t overly convinced that we’ll see a ceasefire before the end of the year,” ING commodity analysts said in a note following the meeting. Indeed, the surrender of the Donbass, most of which is already under Russian control, remains a no-no for Zelensky, it appears, while it also remains a hard condition for Russia. This mars the prospect of peace quite considerably unless both sides are willing to make concessions.

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