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Author: Tom Whipple

Category:
  • Oil Supply
  • Prices

WTI Inches Higher After EIA Reports Small Crude Inventory Build

Crude oil prices inched higher today after the Energy Information Administration reported an inventory increase of 2.4 million barrels for the week to September 9. This compared with a sizeable Continue Reading

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • Climate

Rising Temperatures Turn Middle East Region Into Climate Hot Spot

A Palestinian vendor selling cold juice, in a region where dry soil and little tree cover are amplifying rising temperatures. A populous region encompassing the Middle East and the Eastern Continue Reading

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • Iraq

August production edges higher

Iraq’s nationwide oil production edged up slightly in August to 4.74 million barrels per day (bpd) from 4.72 million bpd in July, according to field-by-field data compiled by Iraq Oil Report. Continue Reading

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • India

Traffic, water shortages, now floods: the slow death of India’s tech hub?

Harish Pullanoor spent his weekends in the late 1980s tramping around the marshes and ponds of Yemalur, an area then on the eastern edge of the Indian metropolis of Bengaluru, Continue Reading

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • India
  • Russia
  • Saudi Arabia

Saudi overtakes Russia to be India’s No. 2 oil supplier in August

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

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • Japan
  • Nuclear

Japan Plans To Restart Seven Nuclear Reactors By Summer 2023

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

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • China

China Braces for a Slowdown That Could be Even Worse Than 2020

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

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • Asia

Column: Asia’s crude oil imports remain weak as retail fuel prices stay high | Reuters

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

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • China

China’s Banks Cut Deposit Rates in First Broad Move Since 2015

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

Posted On : 15 Sep 2022 Published By : Tom Whipple
Category:
  • China

Shanghai Reopening Ports, Resuming Flights as Typhoon Passes

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

Posted On : 15 Sep 2022 Published By : Tom Whipple

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