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Month: April 2022

Category:
  • China

No quick recovery for China oil demand as COVID battle grinds on

China’s oil demand is expected to stay weak heading into May as COVID-19 lockdowns across the country curtail travel plans during the Labour Day holiday season, analysts and traders say. Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple
Category:
  • China

Renminbi on course for steepest monthly fall as China’s economy slows

The renminbi is set to close out its steepest monthly fall on record as China’s economy reels from severe Covid-19 lockdowns and the US Federal Reserve prepares to raise interest Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple
Category:
  • China
  • Russia

Is China Finally Distancing Itself From Russia?

Western sanctions on Russia are beginning to sting, despite President Vladimir Putin suggesting otherwise. Inflation in Russia is expected to soar to 22% this year, with the IMF chief economist Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple
Category:
  • China

China flips to selling LNG export cargoes as pandemic curbs dent demand

Spot LNG cargoes, term contract volumes heard being resold China’s March LNG imports fall 18% on year Trucked LNG prices for coastal terminals, inland plants fall on weak demand China, Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple
Category:
  • Shale Oil

North American oil companies scramble to find workers despite boom

 When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he did not want to leave the industry after 17 years in oil and gas. But Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple
Category:
  • Solar
  • USA

U.S. solar industry warns of slowdown due to supply chain disruptions, tariff uncertainty

 The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat of new U.S. tariffs on panel imports Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple
Category:
  • Prices
  • USA

U.S. Democrats to ‘go after’ oil companies over gasoline prices

 Democrats in Congress, accusing oil companies of gouging and profiteering that has raised gasoline prices, on Thursday promised legislation to allow the U.S. Federal Trade Commission and state attorneys general Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple
Category:
  • Shale Oil

Fracking Boom Turns Texas Into the Earthquake Capital of the U.S.

Earthquakes were never anything people in West Texas thought much about. Years would pass in between tremors that anybody felt. Even after the shale revolution arrived in force a decade Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple
Category:
  • Coal

Bankers Are Still Standing Behind the Dirtiest Fossil Fuel

Granted it’s still early in 2022, but signs are emerging that the amount of financing going to coal-related projects is running at a rate that’s more than double last year’s Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple
Category:
  • Economy
  • USA

Amazon Posts First Quarterly Loss Since 2015 as Costs, Rivian Stake Weigh on Results

Amazon.com Inc. AMZN 4.65%▲ posted its first quarterly loss in seven years, a result that reflected broad economic trends related to a slump in online shopping, higher costs from inflation Continue Reading

Posted On : 29 Apr 2022 Published By : Tom Whipple

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