US presses China over excess steel production
U.S. envoys pressed China on Monday to cut excess steel production that is flooding global markets and to reach a diplomatic settlement to territorial disputes in the South China Sea, as the two sides opened a high-level dialogue.
Senate panel votes to lift US ban on oil exports
The Senate Banking Committee endorsed a bill Thursday to lift the four-decade-old ban on crude oil exports, the latest sign of congressional support for legislation that President Barack Obama opposes.
Exxon CEO: Get used to lower oil prices
Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth.
Even with low prices, US oil industry pushing for exports
Never mind dropping oil prices. U.S. producers are pushing harder than ever for the right to sell U.S. crude oil overseas.
Study: Want lower gas prices? Ship more oil abroad
Exporting more U.S. crude around the world would lower the price of gasoline for U.S. drivers and benefit the U.S. economy, according to a new study released Tuesday.
Ruling could help U.S. become major oil exporter
Companies are taking advantage of new ways to export oil from the U.S. despite government restrictions, and in the process helping the U.S. become an ever bigger exporter of petroleum on the world stage.
China becomes fifth largest arms exporter
STOCKHOLM — China has bypassed Britain as the world’s fifth largest arms exporter, a Swedish think tank said Monday. The volume of Chinese weapons exports