China power shortages, housing struggles put brakes on the economy
It was the summer when the rains wouldn’t stop. The lights went out. And a housing boom came to a shuddering halt. China’s economy still grew 4.9 percent in the Continue Reading
Hungry for fuel, China looks to the U.S., Europe eyes relief plans
Chinese firms in talks with U.S. LNG suppliers – sources Coal prices hit record high in in China amid shortages Poland, Germany take steps to support consumers Oil prices hit Continue Reading
China looks to lock in U.S. LNG as energy crunch raises concerns- sources
Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the Continue Reading
China Once Again Cuts Oil Import Quotas For Indepedent Refiners
Beijing’s crackdown on the private refining industry was one reason behind this import decline as the government tackled excessive fuel supply As it tackles teapots, however, Beijing is having trouble Continue Reading
Singapore says no disruption to electricity supply after power providers exit
Singapore’s energy regulator said on Saturday that it is working closely with retailers facing challenges from current volatile electricity prices and said there will be no disruption to their customers’ Continue Reading
Oil Markets Unfazed By Falling Imports From China
Oil prices continued to climb on Friday despite worrying import data from China, with traders choosing to focus on increasing oil demand elsewhere. Friday, October 15th, 2021 The ongoing rally Continue Reading
Global Energy Crisis Prompts Asia to Turn to U.S. for Oil
Asian demand for U.S. oil is rising as the energy crisis boosts prices for other crudes that are priced against the global Brent futures contract. China and other Asian buyers Continue Reading
India’s Coal Crisis Worsens As Top Coal Miner Halts Supply To Industrial Users
The largest coal miner in the world, Coal India, has temporarily suspended supply to several industrial consumers in India as it prioritizes shipments to the coal power plants which provide Continue Reading
Australia Is Making The Most Out Of The Coal Boom
While countries around the world have turned their backs on coal due to its high emissions, Australia is one country that is unlikely to follow suit So far this month Continue Reading
China Set to Cut Fuel Exports
Outflows of oil products such as diesel and gasoline are expected to slip this month. China, Asia’s biggest oil refiner by capacity, is set to slash fuel exports as it Continue Reading