BP CEO: Second Wave Of COVID Hits Oil Demand Harder Than Expected
The second wave of coronavirus cases in the world is impacting global oil demand “maybe a little bit more than we thought” in the second half of this year, BP’s Continue Reading
China’s New Growth Plan May Push Economy Past U.S. Within Decade
President Xi Jinping opened a meeting in Beijing this week to map out the next phase of economic development, just days before one of the most contentious U.S. elections in history Continue Reading
China reports surge of asymptomatic coronavirus cases in Xinjiang
China reported the highest number of asymptomatic novel coronavirus infections in nearly seven months on Monday following the discovery of a cluster of cases linked to a garment factory in Continue Reading
Covid-19: China tests entire city of Kashgar in Xinjiang
Around 4.7m people in Kashgar are being tested, with 138 asymptomatic cases found so far. China has been largely successful in bringing infection rates down, but there continue to be Continue Reading
Oxford Covid vaccine trials offer hope for elderly
Avaccine considered a frontrunner in the race to protect the global population from Covid-19 has produced a robust immune response in elderly people, the group at highest risk from the Continue Reading
China Plenum: What to Watch for in 5-Year Economic Plan
China’s top policy makers meet next week to hammer out the country’s future economic blueprint, offering clues on how the leadership plans to pivot the world’s second-largest economy to be Continue Reading
Chinese Energy Giant CNOOC Reports Major Drop In Revenue
CNOOC, the Chinese state energy giant focused on offshore and overseas exploration and production, reported a 27-percent drop in revenues for the third quarter, as quoted by Reuters, as business Continue Reading
Where Europe’s Second Wave Is Filling Up Hospitals
Poland has turned its largest stadium into an emergency field hospital. The numbers of Covid-19 patients in Belgium and Britain have doubled in two weeks. And doctors and nurses in Continue Reading
China’s Pollution Effort Falls Short Of Expectations
Despite ambitious efforts to reduce air pollution levels across China over the last five years, results have fallen short of expectations, Reuters reports , citing a senior government official. “While Continue Reading
China’s Crude Imports Become Backbone Of Oil Price Recovery
The world’s largest oil importer, China, will continue to have a significant impact on the oil market in the coming months, as most of the rest of the world continues Continue Reading