In a surprise move just before Thanksgiving, U.S. President Donald Trump signed the Hong Kong Human Rights and Democracy Act in support of the pro-democracy movement there.
Brent oil futures, the main international price benchmark, rose 2.2% to $61.04 on Monday morning. West Texas futures were up 1.6% to $56.03.
As a landmark project of China-Russia energy cooperation, the China-Russia east-route natural gas pipeline went into operation Monday, a successful example of China’s practice of the concept of “mutual benefit and win-win” in international cooperation.
- 2nd LD-Writethru-Xinhua Headlines: China-Russia east-route natural gas pipeline operational (Xinhua News Agency: Dec 2, 2019 at 4:49 PM)
Greece has accused Turkey of breaching international law after Ankara signed a Mediterranean oil and gas exploration agreement with Libya.The deal, which threatens to vastly extend Turkey’s claimed rights over the Mediterranean, follows an agreement last week for Ankara to supply weaponry to
Investors who had risked much on Apache Corporation (NYSE: APA), holding out hope for a major payday in Suriname were disappointed on Monday as the company’s stock tumbled 13% to hit $19.36 per share.
1st LD-Writethru-China Focus: Xi, Putin witness launching ceremony of China-Russia east-route natural gas pipeline
Chinese President Xi Jinping had a video call with his Russian counterpart Vladimir Putin Monday afternoon, as the two heads of state jointly witnessed the launching ceremony of the China-Russia east-route natural gas pipeline.
China and Russia launched a natural gas pipeline that connects the countries, more than five years after the two countries agreed to a multibillion-dollar gas supply deal.
Oil and gas producer Apache stock dived after the company released an update on progress at its Suriname site that disappointed investors.
Power of Siberia pipeline symbolises Putin’s pivot to the east
Oil prices jumped lifted by the prospect of longer production cuts by OPEC and its allies as well as evidence of improving economic conditions in China.