China weighs exit from ‘zero COVID’ and the risks involved
Even as authorities lock down cities in China’s worst outbreak in two years , they are looking for an exit from what has been a successful but onerous COVID-19 prevention Continue Reading
Russia’s War Is A Political Minefield For China
China’s relationship with Russia is quickly becoming a thorn in the side of President Xi Jinping. Beijing’s unwillingness to condemn Russia for its aggression in Ukraine could push it further Continue Reading
Pandemic restrictions slow crude discharging at northeast China port, impacting refiners
Highlights Panjin North Asphalt Fuel cuts throughput amid feedstock shortage Ports, refineries in eastern China operating normally Restrictions aimed at containing a COVID-19 outbreak in northeast China have impacted crude Continue Reading
Tight COVID-19 measures slow China’s trucked LNG sales in several provinces
LNG terminals enforce COVID-19 testing; mobility restrictions limit sales Trucked LNG loadings drop in northern, southern provinces High prices exacerbate impact on downstream gas demand Trucked LNG loading schedules have Continue Reading
Joe Biden to warn Xi Jinping of US retaliation if China actively supports Russia
The talks on Friday come as the Biden administration has become increasingly concerned about China’s possible willingness to assist President Vladimir Putin’s invasion, which enters its 23rd day with Russia’s Continue Reading
With a Flurry of High-Profile Coronavirus Cases, Washington Is Again on Edge
A flurry of high-profile coronavirus cases in the nation’s capital — including in people who have been around President Biden — has raised new questions about the trajectory of the Continue Reading
The Real Reason U.S. Oil Producers Are Exercising Caution
Sky-high oil prices have left both America’s oil industry and its President pointing fingers at one another. Biden has repeatedly called on the oil industry to increase production, but the Continue Reading
US coal production falls 5.5% on week: EIA
All basins decrease output as shoulder season approaches IB, CAPP production drop 8.1% each Weekly US coal production fell 5.5% on the week to 11.3 million st in the week Continue Reading
US oil, gas rig count continues to climb as prices remain high: Enverus
Active rig counts in US basins continue to grow with operators adding 11 for the week ending March 16 and 75 year to date, Enverus data showed, as the war Continue Reading
US natural gas storage declines more than forecast as Henry Hub futures surge
The Henry Hub summer strip rose above $5/MMBtu following US natural gas storage fields withdrawing greater volumes than the market expected. Receive daily email alerts, subscriber notes & personalize your Continue Reading