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Latest: Energy News

Yuan Falls to 7-Month Low as China Cuts Prime Lending Rates
Yuan Falls to 7-Month Low as China Cuts Prime Lending Rates

Yuan drops to 7.1747, with analysts saying markets expected bigger support and were hoping for a larger lending rate cut

EU to Discuss Ideas on Guarding Top Tech From China, Russia
EU to Discuss Ideas on Guarding Top Tech From China, Russia

The European Union is set to lay out strategies on 'de-risking' trade with China and other potential military rivals

China’s Xi Puts a Positive Spin on Talks With Blinken
China’s Xi Puts a Positive Spin on Talks With Blinken

Chinese president hails agreement on issues with top US diplomat, but talks did not appear to make much progress on differences over Taiwan, trade, rights, fentanyl or war in Ukraine

Sanctioned Russia Pays Sakhalin Oil Dividends in Yuan – Nikkei
Japan Gives Toyota $841m to Drive Domestic EV Battery Output
China Warning on ‘Vicious Competition’ As Blinken Flies to Beijing
EV Boom Amps Up Costs, Environment Risk in China’s Lithium Hub
India Set to Overhaul China as Biggest Driver of Oil Demand
Chinese Companies Prepare for Weaker Yuan as Rate Cuts Loom
China Warns US to Stop Interfering in Call Ahead of Blinken Trip

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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.