Home Tag "oil"

China’s bid to break free from oil

Image: China electric cars – Courtesy of www.fleetcarma.com By Charles F. Moreira, Editor Faced with a threat to her national sovereignty from the energy geopolitics by the big powers, especially the United States and the United Kingdom, China is pushing her development of New Energy Vehicles as part of her “Made in China 2025” technology project, […]

How US-China trade war may bring cheaper oil to Indian shores

Industry players say India may enjoy a better bargaining power to argue for a US waiver as it will be the only big buyer of US crude in Asia after South Korea. ​​ This will also help moderate the impact on crude prices, something that has been worrying policymakers. Read the full story at https://timesofindia.indiatimes.com/business/india-business/how-us-china-trade-war-may-bring-cheaper-oil-to-indian-shores/articleshow/65333316.cms […]

What is India-Iran oil trade all about?

Iran has always been one of India’s main suppliers of oil, second only to Iraq and Saudi Arabia, with exports that totalled more than 27 million tonnes last year. The figures make India Iran’s biggest buyer after China, and as a result, a target for the U.S. which has declared a campaign to “isolate Iran” […]

500 days and a billion barrels of lost oil pushes crude to $80

Editor’s note: ETV recently featured a piece where a Macquarie analyst said that its was possible for the Malaysian government’s revenue to stay in the green even with the reintroduction of fuel susbsidies. He said that this was because original forcasts were based on crude oil prices of USD$50 a barrel. The price of crude […]

China’s February imports surge, exports growth slows

Imports in yuan-denominated terms increased by 44.7 percent year-on-year last month, markedly higher than the 25.2 percent growth in January and market expectations, according to the General Administration of Customs (GAC). Exports only grew 4.2 percent in February, slowing from January’s 15.9 percent, GAC data showed. That led to a monthly trade deficit of 60.36 […]

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