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FUEL EXPORT CURBS CHINA
Why Hormuz windfall may prove short-lived for oil refinersGlobal refining margins have hit record highs, greatly benefiting producers. Yet, while fuel prices remain elevated due to tight inventorie...- Oregon seeks 60-day pause on Paramount-Warner Bros merger over withheld recordsOregon's attorney general seeks a court order to pause Paramount's acquisition bid for Warner Bros. The state claims Paramount withheld cru...
- China further eases fuel export curbs for JulyChina has lifted refined fuel export restrictions for the remainder of July. A private refiner, Zhejiang Petrochemical, can now resume its ...
- China's DeepSeek developing its own AI chipThe chip is designed for inference - the stage of AI computing in which a trained model generates responses for users - rather than for tra...
- The likely loser in Gulf's post-war race for oil market shareUnited Arab Emirates is leading oil producers in a fierce market share battle. Saudi Arabia and other Gulf nations are increasing exports s...
- India's fuel consumption drops 3.7% in June from previous monthIndia's fuel consumption fell approximately 3.7% in June from the previous month. Liquefied petroleum gas consumption saw a significant yea...
- Govt denies reports of Bhutan rejecting India's E20 fuelIndia's Petroleum Ministry has debunked claims that Bhutan rejected E20 petrol imports, stating no such offer was ever made. The ministry e...
- Energy-hungry Asia is already drawing lessons from Iran crisisAsia is learning crucial lessons from the recent Persian Gulf conflict, emphasizing the need for larger energy reserves and a wider array o...
- US' largest power grid PJM orders emergency curbs as electricity use nears record peakAmerica's largest power grid operator, PJM, urged customers to reduce electricity use amid a severe heatwave. Generator outages and overloa...
- Russian fuel crisis prompts rush for Chinese electric carsRussian drivers are flocking to Chinese electric vehicles amid severe fuel shortages caused by escalating Ukrainian strikes on energy infra...
- Hitachi Energy, GE Vernova, Siemens Energy, other power equipment stocks crash up to 10%. Here’s whyIndian power sector stocks plunged Friday as reports emerged of a two-year exemption granted to four Chinese electrical equipment firms for...
- EU officials fear leaders will balk in confronting ChinaDespite acknowledging severe stakes, leaders struggle to agree on tangible steps to address a massive trade deficit and Chinese state subsi...
- Europe growth hit more by China exports than bigger trade gap, Goldman saysGoldman Sachs highlights that China's growing market share, not just the trade deficit, is the primary concern for EU growth. Chinese manuf...
- India's textile stocks become market standouts on trade dealsIndian textile exporters are experiencing a significant stock market surge, outperforming the broader market. New trade deals with the UK, ...
- China imposes 'national security' rules on overseas investmentsChina is intensifying its scrutiny of investments overseas with broad "national security" regulations taking effect from Wednesday, at a ti...
- Anthropic's export restrictions are fueling Asia's AI boomThe US move has allowed Asian firms to establish themselves in a market dominated by a handful of US companies.
- India lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
- India seeks EU scrap export relief as curbs threaten trade pact gainsIndia has urged the European Union to reconsider planned restrictions on metal scrap exports. Steel and aluminium producers fear these curb...
- China places 20 Japanese entities on export control list for dual-use itemsChina has placed 20 Japanese firms, including subsidiaries of Mitsubishi and Fujitsu, under export controls for dual-use items. Beijing cit...
- China's EV exports in May rise 50% on-year to reach record highChina’s exports of electric vehicles hit a record $9.2 billion in May, rising nearly 50% year-on-year, as global demand for cleaner transpo...
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