Reuters | Oil Prices Rip Higher On Inauguration Day OilPrice.com We talked earlier in the week about how Chinese domestic oil production is coming under pressure due to aging fields and lower capex. The latest data from the National Bureau of Statistics peg production last month at 3.97 million barrels per day, up ... Exclusive: China quietly shelves plans to launch Shanghai crude oil futures Oil jumps by over 2%, gold back above $1200 as Donald Trump heads for the White House |