China’s Oil Imports Are Falling
China, which has been on an oil-buying binge since the start of the pandemic, is now retreating as storage space fills up and demand for fuels in the regions it Continue Reading
Live updates: U.S. surpasses 64,000 new coronavirus infections two days in a row for first time since late July
People dine in plastic tents at a Manhattan restaurant on Thursday. For the first time since late July, the tally of newly reported coronavirus cases in the United States surpassed Continue Reading
Oil Giants Play It Cool As World’s Largest Crude Market Recovers
The Asian market has moved into a state of cautious expectation. Although October is still only halfway through, one can state with a great degree of certainty that this month’s Continue Reading
Japan to release Fukushima’s contaminated water into sea: reports
Nearly a decade after the Fukushima nuclear disaster, Japan’s government has decided to release contaminated water from the destroyed plant into the sea, media reports said on Friday, with a Continue Reading
Storms, Covid Raise Fear of Worst North Korea Famine Since 1990s
Three destructive typhoons, U.S.-backed sanctions and the global pandemic are fueling concern that North Korea’s 26 million people could slip back into the devastating food shortages the country faced during the rule of Continue Reading
Europe’s Covid-19 Lockdowns Hit Region’s Stocks, Fuel-Demand Outlook
An abundance of fossil fuels combined with advances in technology to harness wind and solar power has sent energy prices crashing around the world. WSJ explains how it all happened Continue Reading
China’s New Refineries Are Embarking On A Crude Buying Spree
New refinery start-ups in China are helping to absorb some of the crude oil from the Middle East amid an otherwise depressed market with stalled demand recovery. Large private Chinese Continue Reading
BHP asked to defer coal shipments to China
BHP said on Oct. 14 that it has been asked to defer some shipments of coking coal to China because of new restrictions imposed by the Chinese government on Australian Continue Reading
Europe Overtakes U.S. in New Cases of Covid-19
Governments around the world are debating the timeline for offering Covid-19 vaccines to the public, as drugmakers speed up development. WSJ’s Daniela Hernandez explains the potential health risks linked to Continue Reading
China Growth Limits Global Economic Damage From Pandemic, IMF Says
Stocks are booming while companies shed millions of workers from payrolls. WSJ explains why the stock market seems disconnected from economic reality in the U.S. The global economic collapse caused Continue Reading