China Oil

The unofficial title of the world's worst stock slump is awarded to PetroChina Company Limited (ADR) (NYSE: PTR), Bloomberg reported. China's state-owned energy producer also holds the title of being the first trillion-dollar valued company, but that was back in 2007, and the company is worth just...

OPEC's agreement to collectively lower their oil output was met with skepticism by some, but the organization has found an unlikely ally: China. Bloomberg cited a research report from analysts at Sanford Bernstein who suggested that China's oil production is expected to decline by up to 7 percent...

Oil prices continue moving towards the $30 per barrel mark, prompting some investors to question if the commodity can rebound from those levels. The Wall Street Journal's Georgi Kantchev, an oil and energy expert, argued in an article on Thursday that oil could sink below $30 a barrel...

Dennis Gartman says Goldman Sachs is "rather late" to the bearish party with its $20 oil call. Gartman added China will still be the largest contributor to crude demand, despite slowing growth. Dennis Gartman discussed in his daily publication (The Gartman Letter) that Goldman Sachs' bearish...

Major indices finished Wednesday's trading session relatively flat as the Fed's minutes released had no impact on the markets. Minutes released from the Federal Reserve's latest meeting re-affirmed that many members on the committee wanted to proceed with caution in trimming the $85 billion...

Major indices received a boost in Friday's trading activity following a better than expected third quarter GDP. The surprising economic data is yet another key data that may suggests that the economy is healthy enough and could handle the Fed's recent decision to taper its bond buying program....