News

Massive push for EVs, deep drilling, and energy self-reliance reshapes China’s role in global oil consumption.
A key difference in crude oil demand forecasts between this year and 2024 is that both OPEC and the International Energy ...
The new global clean energy regime can be summarized in one incredible statistic: China installed more wind and solar power ...
Days of record-breaking heat across large swathes of China pushed power demand to an all-time high in excess of 1.5 billion ...
The Chinese government is boosting domestic production and the EV industry in the name of national security. There are 14 ...
China’s zero-Covid policies produced a steep drop in energy demand last year. Chinese oil demand fell by 390,000 barrels per day (b/d )—the first decline in oil demand since 1990. In the first 10 ...
With its economy severely hampered by stringent measures to curb the spread of Covid-19, China’s oil and gas consumption declined in 2022 for the first time in decades, the International Energy ...
Much of China experienced extremely hot weather, causing a record-breaking surge in electricity use, exceeding 1.5 billion kilowatts, according to a Reuters report. Authorities face a significant ...
Kazakhstan, one of fastest-growing oil producers in the world, plans to boost its fuel exports to China, India and Central Asia, pinning its hopes on growing demand in the regions, the energy ministry ...
However, when it comes to natural gas, Europe may not have to worry too much about increased demand from China. Beijing's energy policy, which seeks to increase pipeline imports, use more coal ...
Also, the Japan Sep leading index CI rose +2.5 to a 4-month high of 109.4, stronger than expectations of 109.0.Crude demand in China has weakened and is a bearish factor for oil prices.