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TAIYUAN, May 13 (Xinhua) -- China Taiyuan coal transaction price index stood at 139.79 points, down 0.08 percent week on week.

NEW YORK, May 8 (Xinhua) -- Oil prices climbed on Wednesday after newly-released data showed a surprise drop in U.S. crude stockpiles.

The West Texas Intermediate for June delivery rose 0.72 U.S. dollar to settle at 62.12 dollars a barrel on the New York Mercantile Exchange, while Brent crude for July delivery was up 0.49 dollar to close at 70.37 dollars a barrel on the London ICE Futures Exchange.

U.S. crude oil inventories decreased during the week ending May 3, the U.S. Energy Information Administration (EIA) said in a report on Wednesday.

According to the Weekly Petroleum Status Report, U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, decreased by 4.0 million barrels from the previous week.

At 466.6 million barrels, U.S. crude oil inventories were at the five-year average for this time of year.

Oil prices were also boosted by the recent geopolitical tensions between the United States and Iran, however, the gains were somewhat capped by worries about the global outlook for energy demand.

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Since first held in 1999, the scope and influence of CHINA MINING has grown rapidly year by year. As a global mining summit forum and exhibition, CHINA MINING Conference and Exhibition has become one of the world’s top mining events, and one of the world’s largest mining exploration, development and trading platforms, covering all aspects of the whole mining industry chain, including geological survey, exploration and development, mining rights trading, mining investment and financing, smelting and processing, mining techniques and equipment, mining services, etc. playing an active promotion role in creating exchange opportunities and enhancing mutual cooperation between domestic and foreign mining enterprises.

CHINA MINING Conference and Exhibition 2019 will be held at Tianjin Meijiang Convention Center of Tianjin China on October 9-11, 2019. We invite you to join the event and to celebrate the 21st anniversary of CHINA MINING with us. For more information about CHINA MINING, please visit: www.chinaminingtj.org.

WINDHOEK, May 8 (Xinhua) -- Mineral production in Namibia increased significantly in 2018, according to information released on Tuesday by the country's Chamber of Mines.

TAIYUAN - China Taiyuan coal transaction price index stood at 140.03 points Monday, down 0.28 percent week on week.

BEIJING -- China's crude oil output edged up 0.6 percent year-on-year to 47.35 million tonnes in the first quarter, data from the National Bureau of Statistics (NBS) showed.

JHOUSTON, April 17 (Xinhua) -- U.S. crude oil imports decreased and exports increased during the week ending April 12, the U.S. Energy Information Administration (EIA) said on Wednesday.

JUBA, April 17 (Xinhua) -- South Sudan plans to increase oil production to 400,000 barrels per day (bpd) by the end of 2020 as the country hopes to resume oil production in oilfields affected by five years of civil war, petroleum minister Ezekiel Lol Gatkuoth said on Wednesday.

China is likely to trim imports of rare earths from Myanmar starting next month, which an analyst said will help relieve oversupply in China. The country will also tighten its exports in the future because of the increasingly high environmental costs.