China’s manufacturing sector weakened further in June as trade tensions with the United States deterred new sales and production, and contributed to lower steel prices in the month. The National Continue Reading
“We’re going to work with China on where we left off to see if we can make a deal,” Mr. Trump said at a news conference. “I’m not rushed,” he Continue Reading
‘We’re right back on track,’ Trump says of China trade talks. The United States and China have agreed to resume trade talks, President Trump said on Saturday after meeting with Continue Reading
South Korea’s refined oil product exports in May fell 10.5% on the year to 41.72 million barrels, or 1.35 million b/d, data released Wednesday from state-run Korea National Oil Corp Continue Reading
China’s unprecedented economic development since Deng Xiaoping’s “Open Door Policy” , has transformed the Asian country into the second largest economy of the world. The booming economy has had the Continue Reading
Russia became the largest crude oil supplier to China in May, supported by robust demand from private refiners and alongside a fall in supplies from Iran. Imports from Russia came Continue Reading
China unveiled the world’s first intelligent Very Large Crude Carrier, which will have a capacity of more than 2.257 million barrels, China News Service reports , adding that the vessel, Continue Reading
Japanese oil refiners are studying measures to handle potential disruption to crude supply from the Middle East amid mounting tensions in the region, the head of the Japan Petroleum Association Continue Reading
Japanese refiners have started weighing alternative crude supply sources that would not need to transit through the Strait of Hormuz, including from the Red Sea side in Saudi Arabia, West Continue Reading
The top U.S. trade negotiator said on Wednesday it is in the interests of China and the United States to have a successful trade pact and he expects to meet Continue Reading
