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Latest: Energy News

Oil Tumbles on China Lockdowns, Hopes for Iran Deal
Oil Tumbles on China Lockdowns, Hopes for Iran Deal

Both Brent and West Texas Intermediate (WTI) crude futures benchmarks settled below $100 per barrel for the first time since late February

Saudi Arabia, China in Yuan-Based Oil Sales Talks – WSJ
Saudi Arabia, China in Yuan-Based Oil Sales Talks – WSJ

Talks between Riyadh and Beijing have accelerated as Saudi unhappiness grows with Washington over its defence commitments and Yemen

Reliance Buys Assets of Lithium Werks in Clean Energy Push
Reliance Buys Assets of Lithium Werks in Clean Energy Push

Reliance's investment in Lithium Werks, which makes lithium iron phosphate batteries that are mainly used in EVs, includes funding for future growth

China Industrial Output, Retail Sales, Investment Beat Forecasts
India May Buy Discounted Russian Oil, Officials Say
Elon Musk Sees Major Inflation Risks at Tesla, SpaceX
Chinese Tycoon’s ‘Big Short’ on Nickel Trips Up Tsingshan Growth
Australia’s Morrison Faces Heat on $20.8bn Fuel Excise – SMH
Jokowi Says Indonesia Won’t Budge on Ore Export Ban – Globe
India Eyes Incentives to Boost Green Hydrogen, Ammonia – ET

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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.