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Latest: Energy News

India Set to Overhaul China as Biggest Driver of Oil Demand
India Set to Overhaul China as Biggest Driver of Oil Demand

The International Energy Agency said about three quarters of 2022-28 demand growth increase will come from Asia, with India overtaking China by 2027

Chinese Companies Prepare for Weaker Yuan as Rate Cuts Loom
Chinese Companies Prepare for Weaker Yuan as Rate Cuts Loom

The speed of the yuan's slide has caught many off-guard. JP Morgan recently downgraded its year-end yuan forecast, from 6.85 per dollar to 7.25 per dollar.

China Warns US to Stop Interfering in Call Ahead of Blinken Trip
China Warns US to Stop Interfering in Call Ahead of Blinken Trip

Foreign minister Qin Gang said the US should interfering in China's internal affairs and harming its security interests in a call on Wednesday to Blinken, who is due in Beijing on Sunday

Pakistan Pays For Discounted Russian Crude Oil in Yuan
Saudi Arabia Says it Will Collaborate, Not Compete With China
Fossil Fuel Companies ‘Doing Little to Meet Net Zero Goals’
World Bank’s Banga Keen to Bolster Investment in Renewables
Storms Claim Lives, Destroy Crops in Northeast China
BYD Launches New Brand Fang Cheng Bao, First SUV Out This Year
Saudi Arabia Emerging as Hot New Market For Chinese Investors

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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.