Malaysia’s push to explore energy blocks off its coast has turned into a five-nation face-off involving U.S. and Chinese warships, raising the risk of a direct confrontation as broader tensions Continue Reading
Both Japan’s factory output and retail sales likely fell at a sharper pace in March as the coronavirus pandemic weighed more heavily across the broader economy, a Reuters poll showed. Continue Reading
A series of coronavirus outbreaks at Russian oil and gas assets is forcing companies to introduce quarantines and changes to shift patterns, raising the risk that the outbreaks could hit Continue Reading
Following the turmoil in international oil markets, Bank of China suspended on Wednesday the opening of new positions in a structured crude oil trading product for retail investors linked to Continue Reading
Australia has finalized a deal with the US to create its first emergency oil stockpile and store it in the US Strategic Petroleum Reserve caverns on the Gulf Coast. Receive Continue Reading
Bank of China Ltd. customers learned an $85 million lesson on the perils of speculating on crude oil this week. Hundreds of angry retail investors have flooded onto the internet to protest against Continue Reading
China is buying cheap oil to fill its strategic oil reserves–a move that could save the oil industry. But can it really save the entire global oil industry? Some say Continue Reading
A nationwide ban by Indonesia, the region’s largest buyer of gasoline, on seasonal travel for Ramadan will significantly add to downward momentum in the already bearish motor fuel market, industry Continue Reading
Dressed in a hazmat suit, two masks and a face shield, Du Mingjun knocked on the mahogany door of a flat in a suburban district of Wuhan on a recent Continue Reading
Demand for plant-based protein foods is surging in Asia, suppliers say, as suspicion over possible links between wild animal meat and the new coronavirus drives some consumers, particularly in Hong Continue Reading
