China’s crude stockpiles reached a record high level in July as refiners struggle to digest mass crude oil cargoes purchased during the second quarter, while domestic fuel consumption slowed amid Continue Reading
Meanwhile, Spanish lender Banco Santander SA reported a €12.6 billion charge in the second quarter after it re-evaluated goodwill associated with past acquisitions due to the deterioration in the economic Continue Reading
Two key questions logically arise from last week’s announcement from Iran’s Petroleum Ministry that it has awarded a US$1.3 billion development deal to more than double oil production at the Continue Reading
Few global projects receive the same amount of praise and criticism as China’s Belt and Road Initiative (BRI) does. Regardless of one’s opinion, the BRI is President Xi’s signature foreign Continue Reading
China Southern Airlines on Tuesday rolled out an ‘all you can fly’ pass, becoming the latest in a fleet of cash-strapped carriers to join a promotional craze that analysts say Continue Reading
A record number of coronavirus infections in Xinjiang, the Chinese region where authorities have been accused of widespread human rights abuses, has prompted concerns the country faces another wave of Continue Reading
The shock of Covid-19 hit in different ways for Xiao Wu, a 27-year-old Ph.D. student in Harvard’s public health school, and his academic adviser, biostatistician Francesca Dominici. Wu, a former Continue Reading
China warned that the worst of the deluges that have led millions to be evacuated may be yet to come, after the third wave of floods formed in the upper Continue Reading
As Covid-19 infections continue to increase around the world and the implications of the pandemic’s spread are acknowledged in key markets in the Americas and Asia, Rystad Energy is now Continue Reading
The world is gearing up for a battle over developing-country debt like few it has seen before. Rich and poor countries are at loggerheads with private investors that, over the Continue Reading
