Small-scale private refining capacity’s share fell to 21% in 2021 Call for more oil product export quota to offset stock pressure NEV sales up despite fall in total car sales Continue Reading
China consumption estimate reduced by 925,000 b/d in April Global market now seen in balance for much of the year The International Energy Agency cut its forecast for global oil Continue Reading
China’s crude oil imports slipped 14% in March compared with the same month a year earlier, extending a two-month slide as independent refiners curbed purchases under narrowing margins and large Continue Reading
CNOOC preparing to exit Britain, Canada, U.S. -sources Beijing concerned over growing tension with West Production in three countries reached 220,000 boed last year LONDON/SINGAPORE, April 13 (Reuters) – China’s Continue Reading
The Chinese commercial capital of Shanghai warned on Wednesday that anyone who violates COVID-19 lockdown rules will be dealt with strictly, while also rallying citizens to defend their city as Continue Reading
China’s imports unexpectedly fell in March as COVID-19 curbs across large parts of the country hampered freight arrivals and weakened domestic demand, while export growth slowed, prompting analysts to expect Continue Reading
Exports dropped 7.7% in March even as total shipments rose Imports rose 26.4%, with rising energy prices likely a factor Bloomberg News China’s exports to Russia slumped in March after Continue Reading
One of the world’s largest electronics manufacturing hubs near Shanghai is grinding to a halt, aggravating China’s economic worries and exacerbating disruption to global supply chains. Dozens of producers of Continue Reading
Long before the “zero Covid” policy, China had a “zero sparrow” policy. In the spring of 1958, the Chinese government mobilized the entire nation to exterminate sparrows, which Mao declared Continue Reading
With all of the chaos taking place in Shanghai as a result of a new round of mysteriously overbearing Covid lockdowns, there has been very little attention paid to Tesla’s Continue Reading
