Analysis: Iranian nuclear deal limbo serve both sides
Whether or not Tehran and Washington accept a European Union “final” offer to revive the 2015 Iran nuclear deal, neither is likely to declare the pact dead because keeping it Continue Reading
China And The West Both Want To Keep Kazakh Oil Flowing
Since the beginning of the war in Ukraine, Russia has cut off oil exports from Kazakhstan through its territory twice. The Chinese government has signaled that it will not tolerate Continue Reading
China to lift Aug fuel exports but 2022 shipments to drop to 7-year lows
Diesel, gasoline, jet fuel shipments to drop 30%-40% from 2021 August exports of diesel to top 1 mln T for first time in a year Full-year fuel export volumes to Continue Reading
Gloomy China Economic Outlook Cools Stocks Rally: Markets Wrap
BlackRock’s Wei Li says equity markets are not “appropriately” pricing in a growth slowdown in the US and Europe. U.S. equity-index futures slipped, stocks were mixed and commodities from oil Continue Reading
‘No One Immune’ Amid China Property Turmoil, JPMorgan Says
Chinese developers may report a 30% year-on-year decline in first-half earnings due this month, which will likely weigh on sentiment, according to JPMorgan Chase & Co. analysts. “No one is Continue Reading
China Growth Slows Across All Fronts in July, Prompting Unexpected Rate Cut
China’s economy stumbled in July as a two-month boost from easing lockdowns faded, prompting the country’s central bank to unexpectedly cut two key interest rates in an effort to shore Continue Reading
‘Extreme heat belt’ to place 100mn Americans at risk in 3 decades, research shows
A quarter of the US land area, home to more than 100 million people, will be subjected to temperatures of more than 125F (52C) in three decades, including states with Continue Reading
Britain’s opposition Labour Party demand energy price cap freeze
Britain’s main opposition Labour Party called on Monday for the energy price cap to be frozen to help the public deal with another expected surge in fuel bills during the Continue Reading
Just How Bad Will the Energy Crisis Be in Europe This Winter?
As everyone knows, electricity prices in Europe have soared, due to a combination of factors, most prominently Russia’s war in Ukraine and the curtailing of natural gas supplies. But how Continue Reading
Germany Sets Surcharge for Homes to Share the Cost of Gas Surge
German natural gas consumers will have to pay extra 2.419 euro cents per kilowatt hour as the country tries to distribute higher energy costs among consumers after Russia curbed flows Continue Reading