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Latest: Energy News

China Industrial Output, Retail Sales, Investment Beat Forecasts
China Industrial Output, Retail Sales, Investment Beat Forecasts

Industrial output rose 7.5% in January-February from a year earlier, the fastest pace since June 2021 and up from a 4.3% increase seen in December, official data showed

India May Buy Discounted Russian Oil, Officials Say
India May Buy Discounted Russian Oil, Officials Say

India is considering taking up a Russian offer to buy its crude oil and fertiliser commodities at discounted prices with payment via a rupee-rouble transaction, officials have said

Elon Musk Sees Major Inflation Risks at Tesla, SpaceX
Elon Musk Sees Major Inflation Risks at Tesla, SpaceX

Musk retweeted an article saying the Ukraine-Russia conflict had sent commodity prices to their highest levels since 2008, and said his companies "are not alone"

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
Tycoons Back Australian Solar PowerLink for Singapore – SCMP
Indonesian Coal Stocks Soar Over Russia Supply Concerns – Nikkei
China Runs Into Congo Hurdle in Race for Cobalt – WSJ

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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.