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Latest: Energy News

China’s Imports of Russian Oil Surge, But Saudi Top Supplier
China’s Imports of Russian Oil Surge, But Saudi Top Supplier

China's purchases have climbed in order to reap the benefits of a plunge in European buying as sanctions push Moscow in search of alternative markets.

Japanese Inflation Close to 8-Year High, Over BOJ Target
Japanese Inflation Close to 8-Year High, Over BOJ Target

Core consumer inflation hit 2.8% in August, its fastest since late 2014, which was well over the central bank's target. Price pressure is seen as lasting longer than the BoJ expected

China’s Coal Imports From Russia Hit a Peak in August
China’s Coal Imports From Russia Hit a Peak in August

China bought a record 8.54 million tonnes of Russian coal last month to help deal with extreme hot weather, plus 15.8 million tonnes of thermal coal from Indonesia.

China’s Gasoline Exports Surged 97% in August
Indonesian Regulation Aims to Boost Renewable Energy
Rio Tinto, China Baowu Steel Tie-Up for $2bn Australian Mine
China’s Huayou in 2nd Indonesia Nickel Processing Plant Deal
Global Oil Prices Fall Amid China’s Covid Lockdowns
Indonesia May Buy Cheap Russian Oil: Jokowi – FT
India Says Russian Oil Imports Help Its Inflation Fight

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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.