Phase 1 Trade Deal Won’t Spark An Oil Export Boom

What happens to world markets when China buys an additional $50 billion-plus in U.S. energy products over the next two years? For some analysts, as spectacular as this may sound to fossil fuel bulls, at best, it’s unrealistic. After months of negotiations, the United States and China have finally agreed to and signed a phase-one trade agreement between the ...

Source: Oilprice.com

Could Renewables Overtake Coal In China?

In September of last year Oilprice reported an incredible milestone for renewable energy when solar and wind power became cheaper than coal in most of the world. Now, a new report released this week by Wood Mackenzie Power and Renewables has heralded another milestone: China will soon be added to that list of countries in which coal is no longer ...

Source: Oilprice.com