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Latest: Energy News

Australia’s Central Bank in Shock Rate Hike, Warns More Possible
Australia’s Central Bank in Shock Rate Hike, Warns More Possible

The Reserve Bank of Australia, which has drawn criticism in recent weeks, stunned markets on Tuesday by hiking its cash rate by a further 25 basis points

Mintz Executive Caught in China’s Growing Web of Exit Bans
Mintz Executive Caught in China’s Growing Web of Exit Bans

Scores of Chinese and foreigners have been ensnared by exit bans in recent years, according to a new report by the rights group, including an executive with Mintz due diligence group

S Korea Exports Sink For Seventh Month, China Sales Slump
S Korea Exports Sink For Seventh Month, China Sales Slump

Exports to China tumbled 26% for their 11th consecutive month of declines, while those to the US fell 4.4% but shipments to the European Union rose 9.9%

Indian Factory Activity Rises to 4-Month Peak in April
Australia Set for Big Budget Rebound, But Tax Cuts Cloud Outlook
Indian Regulator Seeks 6 Months to Finish ‘Complex’ Adani Probe
China’s Manufacturing Falls in April as Export Orders Drop
Lithium Prices Rise 10% After Five-Month Slump
Philippines’ Marcos Wants US to Restore Trade Preferences
Biden May Visit Papua New Guinea to Bolster Pacific Ties

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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.