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Latest: Energy News

Nikkei and Hang Seng Lifted by Nvidia’s Bullish Outlook
Nikkei and Hang  Seng Lifted by Nvidia’s Bullish Outlook

Asian markets surge, with Hang Seng climbing 2% and the Nikkei rising by 0.9%, while investors wait for Fed chief's speech at Jackson Hole on Friday

Frenzy of Foreign Suitors Wooing Australian Lithium Miners
Frenzy of Foreign Suitors Wooing Australian Lithium Miners

The deals mania comes as Australia undertakes a critical minerals strategy that envisages major collaborations with investors and global partners to become a renewables superpower

Rare Earth Magnet Firms Plan Vietnam Plants as China Hedge
Rare Earth Magnet Firms Plan Vietnam Plants as China Hedge

South Korea’s Star Group Industrial and China’s Baotou INST Magnetic will join companies in sectors such as electronics and autos in shifting assembly lines amid backdrop of increasing trade rivalry

Russian Spacecraft Luna-25 Crashes on The Moon
Biden Keen to Upgrade US Partnership With Vietnam – Politico
Struggling Chinese Asset Manager Zhongzhi Looking at Debt Rejig
Japanese Yen Slips to 2023 Low, US Dollar at One-Month High
India Emissions See Big Fall; Jakarta World’s Most Polluted City
UOB to Cut Ties With Myanmar Banks on Sept 1 – Nikkei
China’s Trade to the US and EU Sank Further in July, Data Shows

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Energy: The Big Picture

India Is Likely Exporting Refined Russian Oil to the West

India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.