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Month: March 2022

Category:
  • China
  • coronavirus

Shanghai Cases Hit Record; Firms Leave Hong Kong: Virus Update

Moderna Inc. Covid-19 vaccine booster shots. Hong Kong’s leader has deflected blame for the failure to get the elderly vaccinated against Covid-19, while a new survey found that nearly half Continue Reading

Posted On : 25 Mar 2022 Published By : Tom Whipple
Category:
  • China
  • Europe

China Looks to Salvage Relationship With Europe

In February, Russia’s President Vladimir Putin and China’s Xi Jinping declared that their friendship had no limits. Now, the war in Ukraine is testing that relationship. WSJ’s Shelby Holliday explores Continue Reading

Posted On : 25 Mar 2022 Published By : Tom Whipple
Category:
  • China
  • coronavirus

COVID Lockdowns In China Dampen Oil Demand Outlook

China is fighting the worst Covid outbreak since 2020, and analysts are considering a revision of their oil demand forecasts as refineries reduce run rates and lockdowns hurt consumption. According Continue Reading

Posted On : 25 Mar 2022 Published By : Tom Whipple
Category:
  • China

CHINA DATA: State refiners cut runs to 81% in March amid maintenance

 Capacity offline in March lower than a year earlier Higher oil product yield to partly offset run cut Shandong independent refineries cut runs to 56% China’s crude throughput in March Continue Reading

Posted On : 25 Mar 2022 Published By : Tom Whipple
Category:
  • China
  • Europe

China-Europe Rail Lines Become Supply Chain’s Latest Problem

A freight train carrying medical supplies bound for Madrid departs the city of Yiwu, in China’s Zhejiang Province, in June 2020. More than a million containers set to ride 6,000-plus Continue Reading

Posted On : 25 Mar 2022 Published By : Tom Whipple
Category:
  • Ukraine
  • USA

U.S. to welcome up to 100,000 Ukrainians fleeing war amid broader aid effort

The United States plans to accept up to 100,000 Ukrainians fleeing Russia’s invasion and is pledging $1 billion in new humanitarian aid, the Biden administration said on Thursday after a Continue Reading

Posted On : 25 Mar 2022 Published By : Tom Whipple
Category:
  • G20

Biden says he thinks Russia should be removed from G20

U.S. President Joe Biden said he thinks Russia should be removed from the Group of Twenty (G20) major economies and the topic was raised during his meetings with world leaders Continue Reading

Posted On : 25 Mar 2022 Published By : Tom Whipple
Category:
  • Canada

Canada says it can boost oil, gas exports to help replace lost Russian supply

 Canada has the capacity to increase oil and gas exports by up to 300,000 barrels per day (bpd) by the end of 2022 to help improve global energy security following Continue Reading

Posted On : 25 Mar 2022 Published By : Tom Whipple
Category:
  • Chevron

Chevron, union schedule talks to end California refinery strike

Negotiators for Chevron Corp (CVX.N) and the United Steelworkers union (USW) are scheduled to meet next week in an effort to end a strike at a San Francisco-area refinery, spokespeople Continue Reading

Posted On : 25 Mar 2022 Published By : Tom Whipple
Category:
  • USA

The U.S. Dollar’s Dominance Is Being Stealthily Eroded

The dollar’s share of global reserve currencies has been in steady decline over the past 20 years as central banks turn to nontraditional currencies, including the renminbi, to diversify their Continue Reading

Posted On : 25 Mar 2022 Published By : Tom Whipple

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