April runs in China decline on lockdowns
China’s crude throughput is set to reach a two-year low in April as state and independent refiners have slashed runs because of the latest COVID-19 resurgence that has hurt the Continue Reading
N.Korea reports first COVID-19 death as fever spreads ‘explosively’
At least one person confirmed to have COVID-19 has died in North Korea and hundreds of thousands have shown fever symptoms, state media said on Friday, offering hints at the Continue Reading
N. Korea reports 6 deaths after admitting COVID-19 outbreak
Six people have died and 350,000 have been treated for a fever that has spread “explosively” across North Korea, state media said Friday, a day after the country acknowledged a Continue Reading
Global Covid-19 Summit upstaged by Ukraine war, inflation
When the United States brought world leaders together last year to discuss how to end the pandemic, President Biden emphasized the historic scale of the problem. “This is an all-hands-on-deck crisis,” Continue Reading
Production, logistical concerns cast shadow over India’s wheat export potential
Traders see output falling to 105 million-106 million mt in MY 2022-23 MY 2022-23 exports seen declining to 7 million-8 million mt Export prices rise on concerns over supply tightness, Continue Reading
North Korea confirms 1st COVID outbreak, Kim orders lockdown
North Korea imposed a nationwide lockdown Thursday to control its first acknowledged COVID-19 outbreak after holding for more than two years to a widely doubted claim of a perfect record-keeping Continue Reading
China’s Economic Slowdown Is Rippling All Around the World
China’s lockdowns could cost the company between $4 billion and $8 billion in lost sales. For decades, the world has depended on China as a massive factory floor and market. Continue Reading
Unvaccinated North Korea Locks Down After Reporting First Local Covid Infection
North Korea, which hasn’t vaccinated its population, imposed a lockdown in all its major cities after it reported its first local case of Covid-19 more than two years after the Continue Reading
Japan, EU to cooperate to ensure LNG supply, reduce reliance on Russian energy
Japan and the EU agreed on May 12 to cooperate and help each other’s security of LNG supply, and work together to reduce Europe’s dependency on Russian energy supply by Continue Reading
CHINA DATA: Shandong independent refiners’ throughputs hit 26-month low
Low throughputs generate high feedstock inventory ZPC, Hengli cut throughputs by 21.8% on month Feedstock consumption at Shandong’s independent refineries continued to fall and hit a 26-month low in April Continue Reading