- Asia spot prices ease as Nord Stream 1 flows resume; upside risk remains
July 22, 2022
Asian spot liquefied natural gas (LNG) prices eased this week as concerns about a tight market eased after the resumption of Russian gas flows via Nord Stream 1 after its 10-day maintenance.
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- Red-Hot Refining Margins in Asia Start to Cool as Demand Eases
July 15, 2022
Asia's red-hot fuel markets are cooling off as demand starts to ease while refiners keep processing rates high, dragging down the industry's margins across the region.
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- India Considers Lowering Windfall Tax as Global Oil Prices Decline
July 14, 2022
India is considering lowering the recently implemented windfall tax as profits of fuel exporters and oil producers are dwindling due to the crash in global crude prices, according to people familiar with the matter.
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- China's surging hydropower a boon for its climate goals, energy bills
July 12, 2022
A surge in hydropower output in China this year, boosted by record-breaking rainfall, is helping the world's biggest polluter meet green targets as well as cut liquefied natural gas imports (LNG) amid tight global supplies.
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- India's export curbs, tax hike to exacerbate global diesel, gasoline shortage
July 06, 2022
India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline exports in the second half of the year, keeping global supplies tight and underpinning prices, traders and analysts said.
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