The global semiconductor shortage has finally started to bite at Toyota TM -4.09% Motor Corp., highlighting how a resurgence in Covid-19 infections from the Delta variant is now stifling chip manufacturing in Southeast Asia, worsening Continue Reading
A semiconductor supply crunch is forcing world-leading car manufacturers Volkswagen and Toyota to slash vehicle production. Toyota, the world’s largest carmaker, announced it will cut production by 40 percent in Continue Reading
China almost halved its gasoline exports in July from the previous month to 741,000 mt, with Singapore still the top destination at 443,000 mt, detailed data released by the General Continue Reading
A British public health study has found that protection from either of the two most commonly used COVID-19 vaccines against the now prevalent Delta variant of the coronavirus weakens within Continue Reading
Deep discounts for Iran’s LPG attract Chinese buyers Pakistan, Bangladesh also take small amounts from Iran Iran’s LPG exports are set to stay near two-year peaks of around 500,000 mt Continue Reading
The resurgence of COVID in China could not have happened at a worse time for Middle Eastern producers. Saudi Arabia brought back all its 1 mbpd voluntary production cut and Continue Reading
The Chinese region of Inner Mongolia has approved a massive power project that will use solar and wind to produce green hydrogen. Inner Mongolia’s Energy Administration has given the go Continue Reading
Chinese exports of gasoline and diesel plunged in July compared to June, after China slashed the quotas of authorized exports of refined petroleum products, according to data from the General Continue Reading
Governments across Central Asia appear as stunned as the rest of the international community in the face of the rapid disintegration of order in neighboring Afghanistan. Some leaders have held Continue Reading
India has begun selling oil from its Strategic Petroleum Reserve (SPR) to state-run refiners as it implements a new policy to commercialize its federal storage by leasing out space, three Continue Reading
