Yearly Archives: 2022
China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply
China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top...
China keeps lending benchmarks unchanged, wary of policy divergence risks
China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday, with global central banks' rate increases making...
IMF delegation visits crisis-hit Sri Lanka with time running out
An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks on a bailout programme, but time is short for a...
UK property prices rise by least since January – Rightmove
Asking prices for British homes being put up for sale rose by the smallest amount since January this month, as the rising cost of...
Britain introduces plans to better regulate ‘buy now, pay later’ firms
Britain plans to make "buy now pay later" (BNPL) firms carry out affordability checks, gain approval by the Financial Conduct Authority (FCA) and ensure...
What about Russian gas cuts?Germany makes urgent new law: Burn coal!
Germany, Europe's economic powerhouse, has opted to burn coal to avoid the nightmare of winter supply disruptions as Russian gas supplies fall. Germany is working...
Yellen: US inflation ‘unacceptably high’ but recession not inevitable
With the Federal Reserve taking aggressive action to combat stubbornly high inflation, talk of a recession is mounting and U.S. officials have come out...
Fed official: Don’t expect US recession, return to 2% inflation target will take years
On Sunday, Loretta Mester, president of the Cleveland Fed and a vote taker for 2022, said the risk of a U.S. recession is increasing...
What is crude oil?
Crude oil, also known as "black gold", is a liquid or semi-solid combustible material. Like coal and natural gas, it is a non-renewable fossil...
Is crude oil futures or spot?Is there a difference?What say normally fry crude oil and futures distinction in the end where?
Internationally, crude oil investment can be divided into spot investment and futures investment. Futures trading is a form of centralized trading of standardized forward contracts.The...
Differences between EIA and IEA?
The iea is usually referred to as the International Energy Agency.The international energy agency, also known as "the international energy agency, was established in...
What is Brent crude oil?
Brent crude oil is a kind of North Sea crude oil, from the North Atlantic Brent region named, is the intercontinental Exchange in London...
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