Saudi Arabia emerged as the second-biggest oil supplier to India after a three-month gap, overtaking Russia by a thin margin, while Iraq retained the top spot in August, data from Continue Reading
Japan shutdown its nuclear plants following the 2011 Fukushima disaster. Nuclear energy is beginning to gain political and public support in Japan. The country’s prime minister recently announced the restart Continue Reading
China’s Policymakers Are Facing a Few Constrains: S&P Says Bloomberg News Six months after China’s government set ambitious economic targets for the year, growth has slowed so sharply that several Continue Reading
Asia’s crude oil imports are on track for another soft month in September, as the world’s top-importing region battles uncertain demand amid high retail fuel prices. Asia’s imports are estimated Continue Reading
China’s biggest banks lowered their benchmark deposit rates across the board for the first time since 2015, a move designed to help them boost lending to shore up growth in Continue Reading
Shanghai gradually started returning to normal on Thursday after Typhoon Muifa brought strong winds and heavy rain to the financial and shipping hub overnight. The region’s ports began to reopen, Continue Reading
The White House on Thursday morning announced it had reached a “tentative” agreement to avert a national rail strike that had threatened the nation’s economy. President Biden said in a Continue Reading
The U.S. Bureau of Labor Statistics has released a report showing the second consecutive monthly drop in producer prices, prompted by steadily declining gasoline prices. The Producer Price Index (PPI) Continue Reading
Despite soaring global demand for natural gas, Canadian producers are struggling with volatile prices and deep discounts at Alberta’s AECO hub, one of the largest storage facilities in North America Continue Reading
Natural gas futures surged the most among major US-traded commodities as hot weather forecasts and a looming rail strike added to concern about tight supplies ahead of winter. Gas for Continue Reading
