China’s power production hit all-time high in mid-July Thermal coal prices at all-time high on tight demand-supply Deep losses cap operating rates of gas-fired power plants China’s coal-fired and gas-fired Continue Reading
Highlights To export 300,000 mt gasoil, 600,000 mt jet fuel 2-year high gasoline crack encourages export increase China’s oil companies plan to further slash their exports of key oil products Continue Reading
A Chinese logistics firm has emerged as a central player in the supply of sanctioned oil from Iran and Venezuela, even after it was blacklisted by Washington two years ago Continue Reading
A drubbing in world equity markets and a huge flight to safety into U.S. Treasuries this week suggests investors now doubt that a much-anticipated return to post-COVID normality is feasible Continue Reading
Just days before devastating floods hit the central Chinese city of Zhengzhou, its province of Henan endured heatwaves that swept across several industrial regions, threatening power outages. Now the city Continue Reading
While the rest of the world is trying to come to grips with the European Union’s proposed carbon border adjustment mechanism (CBAM) – which calls for the levying of charges Continue Reading
China offered millions of barrels of oil from its strategic state reserves this month in an unprecedented move to try and quell inflation brought on by rising costs of everything Continue Reading
A logo is pictured outside a building of the World Health Organization (WHO) during an executive board meeting on update on the coronavirus disease (COVID-19) outbreak, in Geneva, Switzerland, April Continue Reading
Roads and subway stations are submerged across China’s Henan province Torrential rain has caused severe flooding in parts of central China, leaving train stations and roads submerged. More than 10,000 Continue Reading
Saudi Arabia remained China’s single largest crude oil supplier in June, ahead of Russia, although Saudi shipments to the world’s top oil importer fell by 19 percent last month amid Continue Reading
