Wanli Going On
OPEC deal to an agreement to reduce oil production or not?
With OPEC members heading toward a possible showdown this week at their meeting in Vienna, crude prices rallied Monday as traders bet that major oil producers can still reach an agreement to cut produ
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After two years, why an OPEC deal now?
OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to make an agreement possible now, after it had eluded negotiators at previous OPEC meeti
View more newsNorway Oil and Gas Investment Gloom Seen
Norway's oil and gas sector faces another two years of falling investment as the industry's downturn lasts longer than expected, a lobby group forecast on Monday.A 50 percent drop in crude pri
View more newsAsia and Russia begin to cut down their oil production
More and more oil companies begin to cutting down their oil production when the agreement of OPEC go into effect. Russia oil production has fallen by 180,000 barrels a day in the last two weeks, putti
View more newsBrent crude oil rallies pending inventory
Light, sweet oil prices for March settled above $54/bbl on the New York market Feb. 21 and the Brent contract for April settled above $56.60/bbl on the London market. Crude oil prices rallied as tradi
View more newsHappy Lantern Festival
The first month of the Chinese Lunar month is called the yuan month, and night means "Xiao" so it is called the yuan xiao Festival in China. The fifteenth day is the first full moon of that
View more newsHappy New Year 2017
Yuandan, which most countries in the world known as the "New Year", is the first day of the Gregorian calendar year. In China, the New Year has been included in the statutory holidays, becom
View more newsHappy Winter Solstice Day
On December 21, 2016, the day is the Winter Solstice, it is an important and traditional day in China.The origins of this festival can be traced back to the yin and yang philosophy of balance and harm
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