China’s independent refineries boosted imports of discounted crudes from Venezuela, Iran, and Russia by 32.8% month on month to 8.3 million mt, or 1.96 million b/d, in July via the Continue Reading
Bloomberg News China may be ready to curb some of the excess liquidity sloshing in the banking system as it turns its focus to mitigating risks in the financial industry. Continue Reading
This month’s biggest climate milestones happened over one weekend. On Sunday, the US Senate approved hundreds of billions of dollars in climate and clean-energy spending. Just two days before, climate Continue Reading
China’s homegrown new-energy vehicle makers are booming as demand surges, with sales now forecast to hit a record six million this year in the world’s largest auto market. Warren Buffett-backed Continue Reading
South Korea’s heaviest rainfall since World War II submerged cars on the streets, flooded subway stations and left at least eight people dead. The downpours also hit neighboring North Korea, Continue Reading
Highlights Bilateral climate agenda moves from collaboration to competition COP27 outcomes could be impacted Green hydrogen, CCUS, methane reduction likely to be hit China’s suspension of climate dialogue with the Continue Reading
China’s imports of major commodities presented a mixed picture in July, with crude oil undeniably weak, but some signs of life in industrial metals such as copper and iron ore. Continue Reading
China took a notable regulatory step in the field of driverless taxis, with two cities giving Baidu Inc. BIDU -1.61%▼ approval to operate ride-hailing services without a driver or a Continue Reading
China’s crude oil imports remained weak, as expected, in July, edging up a mere 0.9% to 8.83 million b/d from the 47-month low in June amid destocking activity and slow Continue Reading
China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a COVID-induced slump, but weakening global demand could Continue Reading
