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Latest: Energy News

Nikkei Rebounds, Hang Seng Rises Amid Fed Pause Hope
Nikkei Rebounds, Hang Seng Rises Amid Fed Pause Hope

Tokyo and China shares lead Asian markets higher on Friday amid hopes the US Federal Reserve will pause rates after its long hiking spree

Deflation Risks Rise as China’s Factory Prices Slump in May
Deflation Risks Rise as China’s Factory Prices Slump in May

The producer price index for May fell for an eighth consecutive month, the National Bureau of Statistics (NBS) said on Friday; the 4.6% drop is the biggest fall since 2016

China-Russia Trade Reaches New High With Over 40% Jump – CNN
China-Russia Trade Reaches New High With Over 40% Jump – CNN

Trade between the two countries was worth more than $93.8 billion, highlighting how Beijing has maintained its ‘no limits’ partnership with Moscow

Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants
World Bank Lifts China GDP Forecast and 2023 Global Outlook
Indonesia’s China-Backed Rail Link Hit by New Hiccups
Japan Energy Giants Reveal Large-Scale Battery Storage Plan
Japan to Spend $107bn to Boost Hydrogen Fuel Use – AP
Venture Capital Giant Sequoia to Hive Off China, India/SEA Units
Global Economy Showing Signs of De-Dollarisation, Says JPMorgan

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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.