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Month: January 2022

Category:
  • China

Chinese banks cut back traditional lending as concern over economy mounts

Chinese banks rushed to meet their annual state-imposed lending quotas last month by buying up low-risk financial instruments rather than issuing loans, a surge that bankers and analysts said reflected Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • China
  • coronavirus

In China’s Xi’an lockdown, tales of anguish as hospitals demand patients are covid-free – The Washington Post

On the first day of 2022, outside Xi’an Gaoxin Hospital, in the middle of China’s worst coronavirus outbreak since Wuhan, a woman eight months pregnant miscarried after being refused care until she Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • China

China’s Dec manufacturing PMI rises, uptrend likely to continue in early 2022

Highlights Manufacturing sector continues to recover in H1 2022 Concerns remain on overseas demand in H2 2022 The Chinese manufacturing purchasing managers index continued to rise in December at 50.3 Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • South Korea

Hyundai describes Metamobility concept, introduces Mobility of Things

Hyundai Motor used CES in Las Vegas as the platform to describe its new “Metamobility concept”, which will incorporate the use of robotics in both the real world and the Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • China

Goldman Says China Border Curbs Likely to Last Most of 2022

China could retain its tight border restrictions for the whole of the year as it prepares to host the Winter Olympics and a series of political events in 2022, Goldman Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • USA

U.S. reports nearly 1 million COVID-19 cases in a day, setting global record

The United States set a global record of almost 1 million new coronavirus infections reported on Monday, according to a Reuters tally, nearly double the country’s peak of 505,109 hit Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • LNG
  • USA

Boston Winter Draws Caribbean LNG Cargoes in Rare Price Play

A third Caribbean liquefied natural gas cargo is headed for Boston, where two other await colder weather before unloading in an unprecedented bet on price spikes this winter. GasLog Partners Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • USA

U.S. Gas Producers Set For Strong Year In 2022

U.S. LNG exporters are capitalizing on ongoing strong global demand Currently, the peak LNG capacity of U.S. producers is 11.6 billion cu ft daily U.S. peak liquefaction capacity is set Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • Oil Supply

Major Crude Draw Offset By Jump In Gasoline Stocks

This week, the American Petroleum Institute (API) estimated the inventory draw for crude oil to be 6.432 million barrels, after analysts predicted a much smaller 3.40 million barrel draw . Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple
Category:
  • Shale Gas

East Texas winter gas forward basis tumbles as Permian output, drilling accelerate

Highlights Houston Ship Channel Jan-22 basis falls 60 cents Permian output nears prior record at 14.1 Bcf/d Rigs, drilling, completions highest since Q1 2020 Recent growth in Permian Basin gas Continue Reading

Posted On : 5 Jan 2022 Published By : Tom Whipple

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