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Category: East Asia

Category:
  • China

$70 Oil Could Put The Brakes On China’s Crude Buying Spree

China’s accelerated crude oil stockpiling could be coming to an end with oil at $70 and the possibility that strategic reserves are close to capacity, suggesting that the world’s largest Continue Reading

Posted On : 19 May 2021 Published By : Tom Whipple
Category:
  • China

China’s surprise consumption tax move creates room for additional crude inflows

Highlights State refiners to import bigger share of incremental barrels More crudes with higher gasoil yields likely to flow in Independent refineries to seek replacement for Merey crude Singapore — Continue Reading

Posted On : 19 May 2021 Published By : Tom Whipple
Category:
  • China
  • USA

Biden says U.S. is in race with China to build electric cars as he pitches infrastructure plans

President Biden on Tuesday cast the United States as being in an urgent race with China to build electric vehicles as he visited a plant in Dearborn, Mich., that is Continue Reading

Posted On : 19 May 2021 Published By : Tom Whipple
Category:
  • China

China’s First Oil Town

In a town on the edge of the Gobi desert is a sign in English and Chinese that reads “Oil Holy Land.” Nearby, a preserved drilling rig marks the spot Continue Reading

Posted On : 18 May 2021 Published By : Tom Whipple
Category:
  • China

CHINA DATA: Improving demand, product supply shortage to buoy throughput in Q2

China’s crude throughput in the second quarter is likely to be buoyed by improving domestic demand and a shortage of oil product supplies due to the introduction of consumption taxes Continue Reading

Posted On : 18 May 2021 Published By : Tom Whipple
Category:
  • China

Chinese Refiners Ramped Up Crude Processing In April

China’s refinery throughput increased by 7.5 percent annually in April, signaling a sustained recovery in crude processing, although the volumes were lower than the record-highs seen last November, according to Continue Reading

Posted On : 18 May 2021 Published By : Tom Whipple
Category:
  • coronavirus

Why Vaccinating the World Against Covid-19 Will Be Hard

In delivering vaccines, pharmaceutical companies aided by monumental government investments have given humanity a miraculous shot at liberation from the worst pandemic in a century. But wealthy countries have captured Continue Reading

Posted On : 17 May 2021 Published By : Tom Whipple
Category:
  • China

A Xinjiang Solar Giant Breaks Ranks to Try and Woo the West

At the Daqo New Energy Corp. factory in China’s Xinjiang region, workers carefully processed tall columns of refined silicon last week as a group of reporters and analysts looked on. It’s the first time Continue Reading

Posted On : 17 May 2021 Published By : Tom Whipple
Category:
  • China

China’s factory output slows as bottlenecks crimp production

China’s factories slowed their output growth in April and retail sales significantly missed expectations as officials warned of new problems affecting the recovery in the world’s second-largest economy. While China’s Continue Reading

Posted On : 17 May 2021 Published By : Tom Whipple
Category:
  • Japan

Japan refiners to sell assets, rush reform as pandemic dents demand

JX Nippon Oil & Energy Corp’s refinery is pictured in Yokohama, Japan February 7, 2017. REUTERS/Kim Kyung-Hoon Japanese refiners plan to sell assets and speed structural reform and overseas expansion Continue Reading

Posted On : 17 May 2021 Published By : Tom Whipple

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